Hotel Construction Loans
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We have many options for hotel construction loans
First mortgage Bridge debt for Hotels to 75% Loan To Cost!
- Loan amounts on the product range from $7 Million to $35 Million.
- Closings in under 45 days.
- Single digit rates!
- Three years with interest only payments.
- This product is perfect for deals that need quick execution and high Loan to value.
This product is perfect for deals that need quick execution and high Loan to value without going SBA or USDA. IN FACT, WE CAN GET 75% FINANCING ON MOST CONSTRUCTION PROJECTS!
Green and SBA 504 Construction projects up to $25 Million!
These loans will have blended rates below 6% and we can do HOTELS. Very hot product-this will often take the Loan to Cost (LTC) up to 85-90%! With a green project, we can do SBA loans EVEN if you have maxed out your SBA eligibility. Call me to discuss ways to make your project “green” and hence, qualify for this special financing.
SBA 7a Construction as a Bridge Loan
- Loan amount on the product ranges from $250,000.00 dollars for your small improvements to $5 Millions for ground up construction.
- Up to 85% Loan to Cost
- Rates can be adjustable of fixed
- Refinance in three years
LARGE PROJECT FUNDING!
For construction deals $50 Million and up we can provide a combination of debt and preferred Equity/Mezzanine up to 85% loan to cost! We can get up to 65% loan to cost on the first mortgage at aggressive rates and do a 20% loan to cost preferred equity or mezzanine piece to round out the capital stack-super aggressive financing! In fact, we can do up to 90% LTC for Class A Multi-family in major metros on these larger projects!And Much more. Of course, we can fund smaller projects as well. The key to using me is that I will review the loan for FREE and typically have terms in writing in 72 hours. There is no cost to get an expert second opinion and possibly, approval.