Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC

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Supplier news 25 october 2018 Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC

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TAMPA, FL-spirides hospitality finance company has successfully arranged, and its client has closed a $7.8 million construction and term first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Rock Hill, South Carolina.

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Spirides Arranges $7.8M Con Loan for Holiday Inn Express in Rock Hill, SC. Spirides Hospitality Finance Company has arranged, and its client has closed, a $7.8-million construction and term first.

Typically, interest paid on a loan is immediately. Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC – interest only monthly mortgage payments for the first 24 months of the loan through the construction period, followed by principal and interest payments based on a 20-year amortization for the.

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TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $7.8 million construction and term first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Rock Hill, South Carolina. This soon to be built Holiday Inn Express will feature 92 guest rooms and suites in a 5-story.

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