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Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC. September 4, 2018 8:29 pm.. The financing arranged by Spirides for Hampton Inn Laurinburg includes paying off a floating interest rate loan and replacing it with a fixed interest rate loan at a 52%.
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Spirides Arranges $2.33 Million Hotel Debt Refinancing for Hilton Hampton Inn Laurinburg, NC Radisson plans Thailand debut for Park Inn brand – Remote Sleeves – Radisson plans Thailand debut for Park Inn brand Scheduled to open in Q1 2020, the 130-guestroom Park Inn by Radisson Phuket Town will be part of a mixed-use development.
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.
Founded in 2002, Mission Capital is a leading national real estate and debt capital markets solutions provider. We deliver value to our clients with integrated platforms of advisory, transaction management, and operations support services.
Spirides Hospitality finance company arranges mortgages and loans for any type of capital project for hotel and restaurant owners located across the United States. Spirides Hospitality Finance Company, 100 S Ashley Dr, Ste 600, Tampa, FL (2019)
Spirides Hospitality Finance Company arranges hotel and restaurant financing across the United States for new construction, renovations, acquisitions, debt refinancing, and other capital projects. With loan amounts ranging from $2,000,000 to $200,000,000 the loans that we arrange have the best terms available today.
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