$3,100,000 Hotel Loan Closed by Hyde Park Commercial Group

Cincinnati, Ohio, July 6, 2015 (Newswire.com) - Hyde Park Commercial Group, a real estate advisory firm is pleased to announce the closing of a $3,100,000 refinance loan for a 194-key Super 8 hotel. The hotel was finishing an extensive property improvement plan and the ownership wanted to capitalize on the improving refinance hotel market as well as historically low interest rates.  Hyde Park advised and arranged a bank loan facility which featured a fully amortizing 25 year term. The loan pricing was WSJ +2%. Hyde Park was able to arrange the full request through an east coast bank.

Hyde Park CG arranges capital through a broad range of capital sources from hedge funds, life companies, CMBS, private investors, SBA, to regional and national banks. Hyde Park focuses on debt placement for improved commercial real estate properties and business finance transactions nationwide.

For more information visit: http://www.hydeparkcg.com. Hyde Park CG can be reached at 513.792.2