Whether you’re looking to do ground-up construction of a new hotel with a hotel construction loan, refinance an existing property with hotel refinance, acquire an asset with hotel loan, or reposition an existing one, we can provide the most competitive hotel loan programs.
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BPM Real Estate Group has received a $115 million loan to build a 12-story, 326-key, four-star Radisson Blu hotel in Anaheim, Calif. When finished, the property will be the tallest in the Disneyland.
Hotel financing for purchase, construction, renovation, refinance. TMC is the No. 1 sba hotel lender in California & Nevada. Talk to the hotel loan experts.
We arrange construction financing in most major markets around the country. We recommend with new construction that you try to go "Green" with your building. There are two major advantages for this. First the construction financing can be 85% of the cost of the development and second you will not be limited by the SBA $5,000,000 total for loans.
Hotels are usually financed with banks, CMBS, SBA and private lenders. CONSTRUCTION. We arrange construction financing in most markets around the country. We use both conventional and SBA. We like to structure conventional construction loans for 12 to 18 months followed by a mini-perm for up to three years.
Non-Recourse construction loans are tougher to obtain without a proper lender relationship and an experienced commercial mortgage broker by your side. Integra’s construction financing platform provides developers with highly-coveted non-recourse loan options for a myriad of projects across United States. This construction loan program is often tied into a mini-perm to permanent loan transition when the.
When New York’s largest independent hotel developer and owner, BD Hotels, began exploring sources of capital this year for its latest projects, the company’s co-founders decided to diversify their approach to construction financing due to a growing of number of potential lenders.
Eastern Consolidated is no stranger to securing financing for developers of lodging properties across New York City. put together a $120 million construction financing package for McSam’s 520-key.
New hotel construction is often an ideal way to expand your business. Regardless of which market you’re targeting, our team can provide adequate funding and guidance. Learn More
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