LodgingMagazine
Cronheim Hotel Capital (CHC) has secured $13.25 million from a regional bank to capitalize the leasehold acquisition and change of ownership PIP for the Hampton Inn & Suites in Prattville, Alabama. The five-year financing includes 18 months of interest only and no prepayment penalty for the life of the loan. …
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Cronheim Capital Secures $13.25 Million for Acquisition of Hampton Inn & Suites Prattville
LODGING Staff
12:23
Cronheim Hotel Capital (CHC) has secured $13.25 million from a regional bank to capitalize the leasehold acquisition and change of ownership PIP for the Hampton Inn & Suites in Prattville, Alabama. The five-year financing includes 18 months of interest only and no prepayment penalty for the life of the loan. …
