Trinity Street Capital Partners announces the origination of a high leverage, construction loan on a Staybridge Suites hotel, in Grandville, MI.
Mar 17
/1888PressRelease/ Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the origination of a $10MM, 75% loan-to-cost, construction loan for the development of a 109 key, Staybridge Suites, located in Grandville, MI.
Trinity Street Capital Partners (TSCP) (www.trinitystreetcp.com), a full service real estate investment bank, announces the origination of a $10M, 75% loan-to-cost, construction facility for the development of a 109 key, Staybridge Suites, extended stay hotel, located in Grandville, MI. The construction/ mini-perm loan was for 75% of cost, had a 5 year term, with a 2 year extension option.
Th…..
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