Posted by zach on January 18, 2007 at 20:30:37:
Typically not over a 75%ltv senior loan, with potential mezzanine/equity participation beyond that.
Hotel Financing - Posted by Ricky
Posted by Ricky on January 18, 2007 at 16:06:37:
I’m looking at a 68 unit Hotel in Louisiana, what kind of financing should you expect, any information is greatly appreciated.
Thanks,
Ricky
Re: Hotel Financing - Posted by Robert Crotts
Posted by Robert Crotts on February 06, 2007 at 09:22:07:
We have a list of approved flagged(franchise) hotels for our new hotel program.
Hotel Loan Amount: $650,000 - $5,000,000
LTV: 70% LTV (conventional purchase)
85% LTV (with 504 second)
65% LTV Refinance
DSCR: 1.20 - 1.35
Owner User: Yes (3yrs experience)
Contact me and I’ll get you the franchise list and documents needed.
Robert Crotts
Brinsaire Financial Group
www.efundingsource.com
336-616-0851
Re: Hotel Financing - Posted by matt gammal
Posted by matt gammal on January 21, 2007 at 19:10:46:
Ricky,
I need more information on the hotel’s income and expenses as well as daily occupancy, then I can put a soft quote together for you.
Matt Gammal
Meridian Capital Group,LLC
1 Battery Park Plaza
New York, N.Y. 10004
212-612-0155