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RCA Arranges Refinancing of 77-key Fairfield Inn & Suites

by RRA on September 29, 2014
RCA Arranges Refinancing of 77-key Fairfield Inn & Suites
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JUST CLOSED:  77-Key Hotel Refinance Totaling $4,300,000

  • Rittenhouse Capital arranged the refinancing of a 77-key Fairfield Inn & Suites located in Dover, DE.
  • The loan was funded with full proceeds allowing for the borrower to complete an upcoming property improvement plan as required by the franchisor.
  • Rittenhouse Capital leveraged a preexisting relationship with a conduit lender to provide competitive fixed-rate financing for the borrower.
  • Non-recourse loan

Call Eric Vogel for more details or to discuss commercial financing options at 215-454-2908

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