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Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC

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Beverly Hills, CA (July 25, 2018) – Sonnenblick-Eichner company announced today that it has arranged $50,000,000 of interim first mortgage financing to refinance Hotel Theodore, a 20-story, 153-room, full-service, luxury boutique hotel located at the corner of 7th Avenue and Pine Street, in the heart of downtown Seattle, Washington, one block west of the Washington State Convention Center.

TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $2.33 million debt refinancing with a permanent loan from a southeast U.S. headquartered lender.

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Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hampton Inn Laurinburg, NC Spirides Arranges $7.8 million hotel construction loan for New holiday inn express in Rock Hill, SC. which is part of the Charlotte, NC metropolitan area. The hotel will be located in the. posted by leadsinfobiz @ 2:26 AM 0 comments.

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The terms of the hotel construction financing arranged by Spirides for this new Holiday Inn Express development project include a 78-percent loan-to-cost ratio, an interest rate of U.S. prime rate plus 1.75 percent, a 12-month interest-only period through the construction phase and a 25-year term with a 25-year amortization.

TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed an $8.7 million building conversion and term, first priority conventional loan from a Southeast U.S. headquartered bank to finance the development of a new Holiday Inn in Downtown Columbia, South Carolina.

Serving financing & real estate brokerage needs of hoteliers, the Spirides family has owned, operated, developed, advised hotels & restaurants since 1925. spirides hospitality Finance & Realty Companies, 100 S Ashley Dr, Ste 600, Tampa, FL (2019)