HOSPITALITY FINANCING

BRIDGE


ACQUISITION
$10M – $100M
Up to 75% LTV
Up to 75% LTC
Term: 2 to 5 years
Interest Rate: Fixed/floating 7 – 9% (2 to 3 pts)
Amortization: Interest only
Recourse and Non-Recourse

PERMANENT
Acquisitions and Refinances (other scenarios considered)
$10MM – $100MM
Up to 75% LTV
Up to 80% LTC
Term: 5, 7, or 10 years
Interest Rate: Fixed 4.5% to 6.5 (1 to 2 pts)
Amortization: 20 to 30 years Amortization
Non-recourse with exception of carve outs

CONSTRUCTION
$10MM – $100MM
Up to 80% LTV
Up to 80% LTC
Term: 3 to 5 years
Interest Rate: Fixed or floating 7.0% to 10% (2 to 3 pts)
Amortization: Interest only available
Recourse and nonrecourse. Completion Guarantees required

PACE
Available

(No credit inquiries or sensitive information required to receive a proposal)


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