Lee Schwartz Of Sheridan Capital Provides $18.75 Million Refinance Loan For Myrtle Beach Hospitality Portfolio

The transaction involved a hospitality portfolio in Myrtle Beach, SC. The portfolio was refinanced for a loan amount of $18,750,000 with a loan type of refinance, at terms set to SOFR + 5.0%.

Summary of transaction details:

• Property Type: Hospitality Portfolio
• Transaction Amount: $18,750,000
• Lender: Lee Schwartz - Sheridan Capital
• Broker: Chris Pepe - LoanGeek
• Loan Type: Refinance
• Loan Terms: SOFR + 5.0%
• Date of Transaction: 07/10/2025

This transaction highlights the involvement of Lee Schwartz from Sheridan Capital acting as the lender, while Chris Pepe from LoanGeek served as the broker, facilitating the refinance deal for the hospitality portfolio in the Myrtle Beach market.