Houlihan-Parnes Realtors arranges $225,000 for two-story, 109-room hotel
December 9, 2013 - Long Island
Houlihan-Parnes Realtors, LLC, represented by Jerry Houlihan has completed the financing of the Travelodge Hotel located at 6108 Loomis Rd. The two-story, 109-room hotel is located in the Finger Lakes region of central New York with amenities that include a swimming pool, restaurant, and elevator.
Houlihan arranged a loan of $225,000 with a private group of investors for a one-year term. The lender was represented by W. Stephen Tierney, Esq. of Woods Oviatt Gilman LLP.