hotel construction loan
Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC
Spirides Hospitality Finance Company | December 3, 2018
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 suites in a 3-story interior corridor building situated on 1.5 acres of land. Hotel features will include a breakfast area, business center, indoor swimming pool, fitness center, guest laundry, meeting room, market, and vending area. The hotel will be ...
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