Hotel Loans

Hotel loans, Motel Loans

NON-RECOURSE - HOTEL PURCHASE:

• $3 MM and up loan amounts
• 5-10 year term
• 15-30 year amortization
• DSC 2.5
• 70% LTV
• Flagged
• Limited & Full Service, Extended Stay
• Experienced operators

RECOURSE

• Hotel Purchase - $500 K Minimum Loan
    A. Purchase existing operating property
      i. May include:
        • Land / Building / Equipment / Good Will
        • Operating Capital
        • Existing business
    B. Up to 85% CLTV
      i. SBA loan
        • $500 K to $15 MM
    C. Requires a Star Report

• Hotel Construction - $3 MM minimum
    A. Land purchase
    B. Construction cost
    C. Equipment
    D. Interest only
    E. One time close - construction to permanent loan
    F. Requires a Star Report and Feasibility Study

• Hotel Portfolio - Multi-Property Loans

HOTEL BRIDGE AND REHAB LOANS (FOR NON-STABILIZED PROPERTIES)

• Purchase
• Rehab
• Foreign Nationals

Financing Programs

• SBA
• USDA
• Conventional
• Hard Money
• Bridge