Chicago, IL – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of acquisition financing for a distributor of industrial electrical heating elements, controls, and automation products located in Chicago. This financing package was structured as an SBA 7(a) loan with a 10-year fully amortizing schedule...
Read MoreAtlanta, GA - Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital, has successfully arranged financing for the build-out of a national restaurant franchise. This tailor-made capital stack encompassed interest carry, working capital, tenant improvements, FF&E (furniture, fixtures, and equipment), and funds to fully stock inventory upon opening. Designed to ...
Read MoreNashville, TN – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of a $1.8 million refinance package for an existing hotel property. In addition to retiring the property’s current debt, this financing includes a dedicated budget for a Property Improvement Plan (PIP), ensuring the hotel can complete...
Read MoreINDIANAPOLIS – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged acquisition financing for an independent boutique hotel. The transaction was structured as an SBA 7a loan, with a 25-year fully amortizing loan schedule. For more than 25 years, Gerard Dehner, Managing Partner, Cornovus Capital, has arranged tran...
Read MoreCINCINNATI – Gerard Dehner, Managing Partner of Cornovus Capital, a Cincinnati commercial real estate and business finance advisory firm, arranged $3.9 million refinance for a Comfort Inn & Suites, 100-room, three story hotel property. The transaction was structured with an interest only period, then converting to an amortizing loan structure. Cornovus arranged financing for the borrower through...
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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