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$ 5,600,000 100-Room Hotel Permanent Refinance

Loan Type : Refinance

Loan : $5,600,000

An $8,500,000 permanent loan for the acquisition of a 116-room Holiday Inn located in Lima, Ohio. The non-recourse loan features a ten-year term with an interest rate of 290 basis points over the 10-year swap rate on a 30-year amortization. It was underwritten at 70% loan-to-value.

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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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