Scientific Capital arranged a $5.4 million conventional loan for the refinance of Holiday Inn Express of Mt. Airy, NC. This refinance consolidates two loans at the rate of 10% rate to Swap rate of 6%. Although the Fed will probably cut rates in the next two years, it may not be timely enough for many hotels who experience a drop in occupancy in 2025. A refinance from an existing high rates specially if the rate is fixed for the next two or three years is a viable strategy for the hoteliers.