Cincinnati-Based Advisory Firm Closes $1,750,000 Hotel Refinance Loan

CINCINNATI, July 23, 2014 /PRNewswire/ -- Hyde Park Commercial Group, a Cincinnati-based advisory firm, is pleased to announce the closing of a $1,750,000 refinance loan for a 60-room limited service Quality Inn in Illinois. The hotel was facing a loan maturity and ownership was seeking to improve on the terms of their existing financing.  Hyde Park CG underwrote, packaged, and shopped the loan with multiple community, regional, and national banks. The loan was ultimately arranged through a regional bank which had a presence in the area, and offered attractive terms.

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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 513.792.2940. Contact: Daniel Redlinger.

SOURCE Hyde Park Commercial Group