HVS Capital Corp (HVSCC) announced its success in arranging ten-year, fixed-rate senior financing for Holiday Inn in Lakewood, Colorado with a major international investment bank. HVS served as the exclusive financial advisor to the owner of the property.
“The 188-room full-service property enjoys excellent competitive positioning in this market dominated by corporate and government demand,” explains Bill Sipple, Executive Managing Director of HVS Capital Corp. “Strong ownership and effective management allowed us to develop a number of alternatives for the property. As a result of this process, the lender provided a maximum LTV, non-recourse mortgage on very attractive terms,” he added.
William G. Sipple
HVS Capital Corp
Office: + 1 303 512-1226