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HospitalityNortheastPennsylvania

Cronheim Secures $12M Financing for Holiday Inn Express & Suites in Metro Philadelphia

by Haisten Willis March 21, 2017
March 21, 2017
374

KING OF PRUSSIA, PA. — Cronheim Hotel Capital has secured $12 million in financing for a Holiday Inn Express & Suites in King of Prussia, a suburb of Philadelphia. The 10-year, non-recourse CMBS loan includes a fixed interest rate.

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