Tag: hotel financing

A Team Approach to Financing Hotels

The idea behind the Small Business Administration (SBA) 504 Loan is powerful and simple. HiFive works with local Certified Development Companies (CDCs) and Banks to get access to stable, long-term financing that creates jobs and improves the local economy. A CDC is a non-profit development company created to promote economic development. A CDC is a…

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The Advantages of Design-Build

Design-build construction, where an owner contracts with a single company to both design and build a facility, offers several advantages that can’t be found in other project delivery methods, which is why the proliferation of design-build has greatly increased over the past 15 years. HiFive was created to ensure our customers capitalize on these advantages…

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HiFive to Design New Hotel in West Chester

HiFive Begins Design of New Hotel & Conference Center. Two new hotels and a conference center are in the works for West Chester Twp.’s Union Centre commercial district. A full-service 6-story, 128-room Holiday Inn hotel and a conference center that will seat about 1,000 people is planned for a 5.2-acre site at Muhlhauser and Allen…

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Why Be Green?

Green construction is more than a buzzword in today’s commercial market. It is a necessity. Not only can green technologies reduce the cost of operating a building, but they are becoming a desirable feature for hotel guests.

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Making “Green” With Green

A hotel is a specific type of building for which certain green technologies make economic sense, while others do not. At HiFive, we’ve undertaken significant and real-world studies to discern which of those technologies are expedient and result in the highest benefit and cost returns.

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