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Flexi-View Lending Closes $9 Million Construction Loan for New Hotel Development
eTradeWire News/10802259
LOS ANGELES - eTradeWire -- Flexi-View Lending proudly announces the successful closing of a $9 million hospitality construction loan in Providence, Rhode Island. The financing will support the ground-up development of a new hotel, further enhancing the city's growing tourism and business sectors.
The loan features an interest-only structure with a 60-month term and an interest rate of 11.55%. Flexi-View Lending worked closely with the borrower to structure a solution tailored to the unique demands of the project, closing the transaction in an impressive 30-day timeframe.
"We're excited to contribute to the continued growth and vibrancy of Providence with this new hospitality project," said Jesse Low, CEO & Owner at Flexi-View Lending. "Our team's ability to move swiftly and provide customized financing solutions continues to set us apart."
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Located in the heart of Providence, the new hotel will offer modern accommodations and amenities designed to meet the needs of both leisure and business travelers. The development is expected to create jobs and support the city's dynamic local economy.
Flexi-View Lending remains committed to delivering flexible and efficient financing solutions across the commercial real estate sector, with a specialized focus on hospitality, construction, and bridge lending.
About Flexi-View Lending:
Flexi-View Lending is a leading provider of customized real estate financing solutions nationwide. With a focus on speed, creativity, and reliability, Flexi-View Lending partners with developers and investors to help bring transformative projects to life.
Media Contact:
Jesse Low
Flexi-View Lending
www.flexi-viewlending.com
The loan features an interest-only structure with a 60-month term and an interest rate of 11.55%. Flexi-View Lending worked closely with the borrower to structure a solution tailored to the unique demands of the project, closing the transaction in an impressive 30-day timeframe.
"We're excited to contribute to the continued growth and vibrancy of Providence with this new hospitality project," said Jesse Low, CEO & Owner at Flexi-View Lending. "Our team's ability to move swiftly and provide customized financing solutions continues to set us apart."
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Located in the heart of Providence, the new hotel will offer modern accommodations and amenities designed to meet the needs of both leisure and business travelers. The development is expected to create jobs and support the city's dynamic local economy.
Flexi-View Lending remains committed to delivering flexible and efficient financing solutions across the commercial real estate sector, with a specialized focus on hospitality, construction, and bridge lending.
About Flexi-View Lending:
Flexi-View Lending is a leading provider of customized real estate financing solutions nationwide. With a focus on speed, creativity, and reliability, Flexi-View Lending partners with developers and investors to help bring transformative projects to life.
Media Contact:
Jesse Low
Flexi-View Lending
www.flexi-viewlending.com
Source: Flexi-View Lending
Filed Under: Construction
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