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...
Read MoreIndianapolis, 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...
Read MoreCINCINNATI – 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...
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