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Businesses > Hospitality > 97% LTC constru...
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97% LTC construction Loan for Hampton Inn APPROVED!

by "Privatecapital12@[EMAIL PROTECTED] " <Privatecapital12@[EMAIL PROTECTED] > Aug 26, 2008 at 02:53 PM

Commercial Partners Of Illinois is Pleased to announce the following:

Construction and mini perm financing for the construction and mini
perm financing of a Hampton Inn
Structure Lay out as follows:
Construction Loan is 97% of building cost ( 85% of LTV)
prime plus 2 18 months 2 TOTAL POINTS

Mini- Perm Structure
75% LTV Senior debt
22% Mezz Debt (504 Program)
Term 5 Year / 30 year amortization
Prime plus 2 @[EMAIL PROTECTED]
 total points
$500 fixed rate conversion option after 12 months

Strong Borrower, with experience is a must, Low Liquidity is a must
for 504 program.

CALL US TODAY SO WE CAN CUSTOM STRUCTURE YOUR FINANCING NEEDS FOR
YOU!

Michael A Boraca- Managing Director
Commercial Partners of Illinois : Real Estate Financing & Brokerage
=93Where Op****tunity Becomes Reality=94
Direct: 630-788-7355 | Fax: 888-215-8342
Web: www.cpcommerciallending.com |  Email: mike@[EMAIL PROTECTED]

 




 1 Posts in Topic:
97% LTC construction Loan for Hampton Inn APPROVED!
"Privatecapital12@[E  2008-08-26 14:53:12 

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tan12V112 Tue Dec 2 1:04:22 CST 2008.