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| Purpose | Acquisitions, Refinance, Construction Takeout, and PIP/Renovation |
| Collateral Type | Hotel/Motel, Minimal F&B and Meeting Space, All Chain Scales(except luxury) |
| Locations | Western United States, No Central Business District Locations |
| Amount | $5 Million - $25 Million Per Property |
| Loan Term | 3-7 Years |
| Rate | Fixed or Floating |
| Amortization | Up to 25 Years |
| LTV | Up to 65% |
| DSC | Stabilized at 1.50× or Higher, May Require Reserves |
| Prepayment | 5, 4, 3, 2, 1% |
| Loan Fees | 1.50% |
| Reserves | Required for Operating De cits and Debt Service, Where Needed |
| Recourse | Full Repayment |
If you are interested in SBA 504 or 7(a) hotel lending options, please click the button below