Atlanta, 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 MorePHOTOS 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...
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