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Country Inn & Suites In Tempe Undergoes $3.5M Refinancing

Thursday January 16th, 2014 - 10:25AM

TEMPE, AZ—The Country Inn & Suites here has undergone a $3.5 million refinancing transaction, which was arranged and closed by Bellevue, WA-based Premier Capital Associates, LLC.

"This transaction allowed the owners to extinguish seller originated financing, take advantage of the low interest rate environment and allow them financial flexibility as the economy continues to recover and the property gets a full return on the recent major renovation," stated Greg Morris, managing director of Premier Capital Associates, LLC.