Hotel Stabilization Lease-up Bridge Loans
Bridges the gap between acquisition of a new property and a permanent loan to finance that property longer term.
Acquisitions, Recapitalization, Construction Take Out, PIP Renovations, Conversions and Gap Financing
- Nationwide
- Fixed or floating 6.5% to 7.5%+
- $5 Million to $100 Million+
- Interest only
- Finance up to 75% LTV or LTC (up to 95% by adding mezzanine and preferred equity to the capital stack)
- Term: 1 to 5 years
- Origination: varies
- Recourse and non-recourse
- 620+ credit
- Borrower must have experience on title with similar size hotels in last 3 years
- Borrower liquidity: 5%+ of loan amount and cash to close
- Prepayment: varies
- 1st position lien
- Loans funded: 3 to 6 weeks
- Foreign Nationals welcome for USA properties
- No upfront fees…
To submit your online loan request, click the blue Hotel Bridge Loan Program for your PRE- APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 7 MINUTES TO GET STARTED. No credit cards, upfront fees, Social Security Numbers or credit checks required for term sheet.