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BEVERLY HILLS, Calif., July 10, 2019 (GLOBE NEWSWIRE) — Sonnenblick-Eichner Company announced today that it has arranged $29,000,000 of construction financing for the Cambria Hotel Calabasas, a.
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It can be used to generate working capital, fulfill payroll obligations, purchase equipment, and even for construction. If for example hotel construction financing probably to renovate a hotel, or for an already existing hotel to finance the building of a new branch, a merchant cash advance might as well be the optimal choice for the funding.
Obtaining debt capital for hotel construction loans can be a tricky proposition in the current environment. At Stonehill, we can provide new construction hotel financing options and to suit your project. We offer bridge loans and mezzanine loans that can put funding in your hands more quickly and easily.
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