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Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel

Article - Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel - Sotherly Hotels Inc. (NASDAQ: SOHO) today announced that the Company has executed an extension which includes amended mortgage loan terms on its first mortgage with TD Bank, collateralized by the DoubleTree by Hilton Philadelphia Airport in Philadelphia, PA. ....

United States , Dave Folsom , Td Bank , Sotherly Hotels Inc , Hilton Philadelphia Airport , Interest Rate Cap , Hilton Worldwide , Chief Executive Officer ,

Sotherly Hotels Inc. Announces Refinancing and Renovation

WILLIAMSBURG, Va., May 03, 2024 (GLOBE NEWSWIRE) Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that the Company has executed an. ....

United States , Dave Folsom , Td Bank , Sotherly Hotels Inc , Hilton Philadelphia Airport , Interest Rate Cap , Hilton Worldwide , Chief Executive Officer , Nasdaq Soho , Otherly Hotels Inc , Sotherly Hotels , Hotel Reit , Lodging Reit ,

Sotherly Hotels Inc. Announces Refinancing and Renovation Plans for Philadelphia Hotel

WILLIAMSBURG, Va., May 03, 2024 Sotherly Hotels Inc. today announced that the Company has executed an extension which includes amended mortgage loan terms on its first mortgage with TD Bank,. ....

United States , Mack Sims , Dave Folsom , Hyatt Hotels Corporation , Globenewswire Inc , Sotherly Hotels Inc , Td Bank , Philadelphia Airport , Interest Rate Cap , Hilton Worldwide , Chief Executive Officer , Henry Street ,

Government Interest Rate Cap to Remove up to $10.7 Billion from the Canadian Economy, Cut Off Millions of Canadians from Access to Loans

A new report conducted by Ernst & Young LLP, commissioned by the Canadian Lenders Association (CLA), highlights the severe, far-reaching consequences of the federal government's new interest rate cap. The study reveals that a reduction to the allowable rate of interest will remove $10.7 billion from the Canadian economy each year, eliminate nearly 50,000 jobs and cost borrowers up to $4.4 billion in additional interest payments to payday lenders and illegal lenders, as a result of being turned a ....

Gary Schwartz , Canadian Lenders Association , Ernst Young , Chief Executive Officer , Canadian Lenders , Federal Government , Criminal Code , Core Banking , Open Banking , Sustainable Finance , Rate Of Interest , Payday Lenders , Interest Rate Cap , Canadian Lenders , He Canadian Lenders Association , Canadian Economy , Gary Schwartz ,