Spirides Hospitality Finance Company successfully arranged, and its client has closed on a $5-million senior loan facility from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Latta, S.C.
Editor-in-Chief Christina Trauthwein provides some of the highlights of the September 21 issue of Hotel Business, including a cover story on Strand Hospitality Services, one of the companies on our.
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Spirides Arranges $8.7 Million Hotel Development Loan for New Holiday Inn in Downtown Columbia, SC.. Contents Full time jobs customer service representative Booking engine powered Million hotel development Million building conversion Mortgage Tips, News, and Notes We will provide our picks.
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Columbia, SC-based Sejwad Hospitality-which owns the flagship Sheraton Columbia Downtown Hotel-has purchased 166 Pryor St (aka 110 mitchell st), a six-story, 75k SF commercial building at the.
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Spirides Arranges $8.7 Million Hotel Development Loan for New Holiday Inn in Downtown Columbia, SC pacify grimaldi: lily withstand The terms of the financing arranged by Spirides for this new holiday inn express development project include a 78% loan to cost ratio, an interest rate of U.S. Prime Rate + 1.75%, a 12 month.
VA loans don’t require a down payment and have lenient qualification.Spirides Arranges $8.7 Million Hotel Development Loan for New Holiday Inn in Downtown Columbia, SC Commercial Mortgage: 05/06/05 1. Includes allocated transfer risk reserve. Return to table. 2.