Cornerstone Capital Financing Secures $5.4M Loan For Houston Hotel At 15675 John Fitzgerald Kennedy Boulevard

A hotel located at 15675 John Fitzgerald Kennedy Boulevard in Houston has recently undergone a loan refinancing transaction. The property, spanning approximately 36,055 square feet, was involved in this financial deal.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $5,448,000
• Market: Houston

The loan was provided by Uplift Fund, with Jorge Sorrano representing the lender. The landlord of the hotel is Peter Ramirez. The brokers involved in the deal were Russell Nova, Alexander Nemirovsky, and Igor Zakh, who all represented Cornerstone Capital Financing.

The loan amount for this refinancing deal was $5,448,000, and it was structured with a fixed interest rate of 7% over a 25-year term.

Cornerstone Capital Financing, led by Russell Nova, played a key role in securing the financing for this hotel in Houston, Texas. The company takes pride in its ability to secure debt for various types of properties, including hospitality, retail, multifamily, student housing, development, medical, commercial condos, and shopping centers. Cornerstone Capital Financing has been actively working in the debt space in collaboration with broker partners.

To learn more about this deal and explore financing options, you can contact the Cornerstone Capital Financing team:

Russell Nova, Principal
Cell: 917 559 1820
Email: [email protected]

Alexander Nemirovsky, Credit Manager
Cell: 347-751-5232
Email: [email protected]

Igor Zakh, Operating Officer
Cell: 917-567-1646
Email: [email protected]