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$1,402,500 Un-Flagged Hotel Permanent Refinance

Loan Type : Permanent Refinance

Loan : $1,402,500

A $1,402,500 acquisition loan for the purchase of an un-flagged hotel located in Chadds Ford, Pennsylvania. The 70% loan-to-value mortgage was written as a five-year loan with a 30-year amortization and a fixed interest rate of 4.50%. Though the hotel was underperforming at the time of the purchase and the borrower had plans to perform site work using a portion of the loan proceeds, RPC was still able to secure financing and fund the site work out of the proceeds.

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Based in the Philadelphia region, Real Property Capital, Inc. (RPC) is a commercial mortgage banking firm with a regional focus and national capabilities... Read More

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303 Harry St.
Conshohocken, PA
19428
(610) 456-9644
bgreen@realpropertycapital.com

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