What lenders look at
- Trailing 12-month revenue, occupancy, ADR and RevPAR
- Franchise agreement and PIP requirements
- Management experience
- Seasonality
- Market supply and demand
We package these points up front, so the lenders who see your deal already understand its strengths and how any weak spots are handled.
Loan options for this property type
Purchase loans
Buy multifamily, retail, office, industrial or special-purpose property with bank, agency or private financing.
Refinance and cash-out
Lower your payment, replace a maturing loan, or pull equity for your next acquisition.
Bridge loans
Short-term capital for value-add, lease-up or deals that need to move before a bank can.
SBA 7(a) loans
Low-down-payment loans for owner-occupied real estate and business acquisitions.
Construction loans
Ground-up and heavy-rehab financing, with draws structured around your build schedule.
Recent closings
Solved: Other lenders declined because IRS taxes had to be paid off from loan proceeds.
Frequently asked questions
Can you finance a hotel that other lenders declined?
Often. In a recent Vallejo, California deal, other lenders declined a $2,290,000 hotel renovation loan because IRS taxes had to be paid off from the proceeds. We placed it with a lender that would.
How much do I need down to buy a hotel?
Conventional lenders usually want 25% to 35%. SBA programs can go lower for owner-operators, with 15% or more typical for special-purpose property.
Do you finance PIP renovations?
Yes, through renovation holdbacks on purchase or refinance loans, or with a bridge loan.