Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC

Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC. share this article. 3 min. Company Logo.

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 · The construction was part of a $10.5 million project that also included the addition of new bleachers, renovated locker rooms and the addition of air conditioning to the Scandlon Center. King’s received $3 million from the Pennsylvania redevelopment assistance capital Program that will be applied to the final cost of the project.

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Spirides Hospitality Finance Company has arranged, and its client has closed, a $7.8-million construction and term first priority mortgage loan from a Southeast-based bank to finance the.

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TAMPA, FL- Spirides Hospitality Finance Company has successfully arranged, and its client has closed a $7.8 million construction and term first priority mortgage loan from a southeast U.S. headquartered bank to finance the development of a new Holiday Inn Express in Rock Hill, South Carolina.

“The Ballantyne market is a great fit for the Holiday Inn Express brand due to our hotel’s convenient location near Ballantyne Corporate Park with over 5 million square feet of Class A office.