Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC

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In connection with our equity offering and the Refinancing Debt, Marriott required that we enter into new franchise agreements for all 15 of our Marriott-branded hotels owned at the time and we pay a fee aggregating approximately $0.5 million, of which $0.1 million has been paid, and $0.4 million is payable in 2007, subject to offsets.

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TAMPA, FL — Spirides Hospitality. client has closed a $5 million construction to permanent first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new.

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Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC Spirides Arranges $5 Million Hotel Construction Loan for New Radisson in Florence, SC – TAMPA, FL – Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $5 million construction to permanent first priority mortgage.

TAMPA, FL — Spirides Hospitality Finance Company has successfully arranged, and its client has closed on a $5 million. finance company arranges mortgages and loans for hotel owners across the.

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