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$5.65 Million Financing Secured for Trademark by Wyndham Hotel Conversion in Pen...

Cincinnati, OH - Cornovus Capital, a leading Cincinnati-based commercial real estate and business finance advisory firm, proudly announces the successful arrangement of a $5.65 million refinance, reposition, and Property Improvement Plan (PIP) loan. This transaction supports the transformation of a 131-room, full-service hotel into a Trademark by Wyndham, marking another milestone in Cornovus Capi...

$1.6 Million Acquisition Financing for Value-Add Wyndham Franchised Hotel arrang...

Indianapolis, IN - A Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital, has successfully arranged $1.6 million in acquisition financing for a 115-room, three-story Wyndham Franchise Hotel. Formerly experiencing declining revenues, this property was acquired as a value-add opportunity, with the underwriting centered on projected revenues and the new owners...

$4.2 million Comfort Inn & Suites refinance loan arranged by Cornovus Capital.

Cincinnati, OH – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of a $4.2 million refinance for a 110-room, three-story Comfort Inn & Suites. The transaction arrives at an ideal time, as the property has recently completed a comprehensive renovation encompassing all required brand-standard enhancem...

Cornovus Capital arranges $4.25MM boutique hotel and restaurant construction loa...

15 Oct Cornovus Capital arranges $4.25MM boutique hotel and restaurant construction loan CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged construction loan financing of $4.25MM for a Boutique Hotel, 25-rooms, 225 seat upscale restaurant, and meeting space. The transaction was structured with an ...

Cornovus Capital arranges $1.8MM to finance hotel renovation and brand transitio...

PHOTOS COURTESY OF RED ROOF INN. Gerard “Jerry” Dehner, Managing Partner of Cornovus Capital, arranged $1.8MM in financing for a 25,000-square-foot former Knights Inn Dayton, Ohio to undergo extensive renovations and become part of the Red Roof Inn brand. Following the renovation, the hotel will feature upgrades to its 76 guest rooms, lobby, common spaces, parking lot, and exterior fa...

Cornovus Capital arranges $1.9MM acquisition financing for a Baymont Inn & Suite...

CINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged acquisition financing of $1.9MM for a Baymont Inn & Suites, 101-room, limited service, interior corridor hotel. The transaction was structured as an SBA 7a loan, with a 25-year fully amortizing loan schedule. For more than 25 years, Gerard De...