What we finance
- Flagged and independent hotel acquisitions
- Motel purchases and refinances
- PIP (property improvement plan) renovations
- Repositioning and rebranding
- Hotel-to-apartment conversions
How it works
Hotels are underwritten on trailing 12-month revenue, RevPAR, ADR and occupancy, plus the franchise agreement if flagged. SBA 7(a) and 504 work well for owner-operators; bridge loans fund PIPs and turnarounds; CMBS and banks finance stabilized assets.
Hotel & Motel Loans: terms at a glance
| Loan types | Purchase, refinance, cash-out, bridge, construction |
|---|---|
| Structures | Bank, SBA, bridge and private capital |
| Credit under 600 | Commercial bridge up to 65% |
| Extra leverage | Seller carry to 90% CLTV |
Terms shown are representative and subject to underwriting, appraisal and state availability. All loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.