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CORTLAND, OLEAN AND ELMIRA, N.Y. — The Pittsford, N.Y., office of U.S. Realty Capital has arranged three loans totaling $10.7 million for the refinancing of three New York hotels. The properties include an 81-room Country Inn & Suites located in Cortland, a 77-room Country Inn & Suites located in Olean and a 48-room Econo Lodge located in Elmira. Rob Pisanelli of U.S. Realty Capital secured the loans on behalf of a national hotel group through a regional bank. The loans carry a 75 percent loan-to-value ratio and a 25-year amortization schedule.