Permanent Loan
- $12,500,000
- 9,404 SF five-story, full-service hotel
- Independence, OH
Axiom Capital has structured and arranged a $12,500,000 permanent loan for the refinance of a 192-key, five-story, full-service hotel located in Independence, Cuyahoga County within the Cleveland, Ohio MSA.
The property includes 9,404 square feet of meeting space, full-service restaurant and bar, and 400+ surface parking spaces all situated on 9.34 acres. The property also offers 24-hour pantry/market, business center, fitness center, indoor and outdoor heated pool. The property is situated in an excellent location — off Exit 155 of Interstate 77 (Willow Freeway) via Rockside Road — offering convenient access to the City of Cleveland, City of Akron and only a 15-minute drive to Cleveland Hopkins International Airport.