Arora of Largo Real Estate Advisors, Inc. arranges $3 million refinance for 47-room hotel

Auburn, NY Arjun Arora of Largo Real Estate Advisors, Inc., arranged a $3 million refinance for a 47-room hotel. The property is well-positioned in downtown along two major roadways, NY-5 and US Rte. 20, providing convenient access throughout the surrounding region. Located within the Finger Lakes, the town benefits from its position in a proven hospitality market with proximity to local restaurants, attractions, and regional demand drivers. The hotel features 47 guest rooms with a mix of king and double bedrooms, along with amenities including meeting rooms and banquet facilities. The financing was structured for an independent hotel asset and placed through a bank lender. This closing reflects Largo’s ability to provide creative financing solutions for hospitality assets across strong regional markets.