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Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC

TAMPA, FL — Spirides hospitality finance company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage loan from a southeast U.S.

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.

Spirides Arranges $5 Million Hotel Construction Loan for New Holiday Inn Express in Latta, SC 6 July 2018 TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $5 million construction and permanent loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn.

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Spirides Arranges $5 Million Hotel Construction Loan for New Holiday Inn Express in Latta, SC Dillon County is the home of the Interstate 95 roadside attraction called South of the Border. The site of this new Holiday Inn Express development is located just a few minutes drive from the recentl.

Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC – TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage loan from a southeast U.S.. Registration Information | Western Connecticut State.

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Spirides Arranges .7 million hotel Development Loan for New Holiday Inn in Downtown Columbia, SC.. Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC.. Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC.

Spirides arranges $7.5M construction loan for S.C. Tru by hilton hotel.. successfully arranged and its client has closed on a $7.5-million senior loan facility to finance the development of a new Hilton Tru Hotel in Florence, Hilton Financing New Hotel Construction Hilton.

FLORENCE, S.C. – Spirides Hospitality Finance Company has arranged a $5 million construction mortgage loan to finance the development of a new Radisson Park Inn in Florence, officials told the Morning News. The Radisson Park Inn will be a limited-service hotel featuring 60 guest rooms and suites in a three-story interior corridor building situated on 1.5 acres of land, according to an.