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» Avatar Lends $2,870,000 to Holiday Inn Express

Property Description:

Carowinds Holiday Inn Express, Fort Mills, SC

Shashin and Pravin Patel are synonymous with excellence in hotel management in the eastern half of the US. Since 1977 they have owned and managed numerous hotels, and been involved in development and improvements. Their company, Hospitality Group offers consulting and development services to the hotel industry.

When Hospitality Group needed a bridge loan to complete the renovation of the Holiday Inn Express in Fort Mills, their broker turned to Avatar Financial Group. Avatar refinanced the property in under three weeks, providing the capital needed to take out the existing mortgage and complete the work.

Cash-out refinances to generate working capital for projects like this are a specialty of Avatar Financial Group. Contact us with your loan scenario for fast, reliable answers.

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