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

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.

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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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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

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 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. headquartered.

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. headquartered bank to finance the development of a new Radisson Park Inn in Florence, South Carolina. This soon to be built Radisson Park Inn will be a limited-service hotel featuring 60 guest rooms and.

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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