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

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.

Spirides Arranges $2.33 Million Hotel Debt Refinancing for hilton hampton inn Laurinburg, NC Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC. north carolina | I-74 | 74. The hotel is located just off of Interstate 74 at 115 Hampton Circle, Laurinburg, Scotland County, North Carolina.

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 to refinance existing debt for the Hampton Inn by Hilton in Laurinburg, North Carolina.

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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 to refinance existing debt for the Hampton Inn by Hilton in Laurinburg, North Carolina. Hampton Inn Laurinburg, NC features 50 guest rooms with an interior corridor in one 3-story building and.

Hampton Inn Laurinburg, NC features 50 guest rooms with an interior corridor in one 3-story building and is situated on 6 acres of land. The hotel is located just off of Interstate 74 at 115 Hampton Circle, Laurinburg, Scotland County, North Carolina. It is located one mile from St. Andrews College and is near the [.]

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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.

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