Refinance & Conversion of a Hotel in Kansas
with $3.25 million SBA 7a loan
The Wichita West Inn & Suites was acquired from a lender with the plan to convert to Candlewood. The buyers obtained a PIP loan from the lender, however, due to the inflation, the budget ended up short by 1 million. With the renovation half way complete, we refinanced the mortgage and the existing PIP fund and adding an additional 1 million to complete the conversion.
What Our Client Thinks of Us
Ramin was great to work with and Went above n beyond to make sure closing happened. Highly recommended.
A major differentiator between us and the others is the loyalty of our clients. We were referred to Jiten and Dipak by our client in which our client was the buyer and Jiten and Dipak were the sellers.