By choosing us for your hotel lending needs, you have a partner that can provide capital that is structured to facilitate your business plan. As their name suggests, bridge loans are intended to bridge the gap between acquisition of a new property and the finalization of permanent hotel loans to finance that property.
REPORT FROM THE U.S.-Brands and lenders are wading deeper into the modular-hotel construction pool as the process gains favor in development and ownership circles. Modular construction requires individual hotel room units be built at a manufacturing facility, shipped to the construction site, then stacked to create a single hotel facility.
Personal Loans Secured By Real Estate Asset Based Loans Using Real Estate as Collateral ABLs Using Real Estate Using both personal real estate and commercial real estate as the basis to obtain a business loan may be an appealing option to small business owners who have equity in their home or commercial land or building, and are looking to use that equity to obtain financing for.
6. Note to self – $135 million (recorded amount) Sharif El-Gamal’s Soho Properties finally cleared its distressed note at the times square margaritaville hotel development, with a $270 million.
For private lender hall structured finance, the third-largest hotel construction lender in 2017, borrowers who can prove that they have an.
Western Alliance Hotel Franchise Finance is a leading lender for owners and operators of franchised hotels throughout the United States. Our in-depth knowledge – drawn from our work with a wide range of hospitality projects from coast to coast – supports a robust set of lending options for hotel owners and operators.
Residential Land Development Loans · Land loans are used to purchase raw land, agricultural property, recreational land, and vacant lots. They differ from traditional property loans because lenders perceive the collateral to be less secure and the loans to be riskier.
For private lender HALL Structured Finance, the third-largest hotel construction lender in 2017, borrowers who can prove that they have an organized, solid project plan and track record of success.
When New York’s largest independent hotel developer and owner, BD Hotels, began exploring sources of capital this year for its latest projects, the company’s co-founders decided to diversify their approach to construction financing due to a growing of number of potential lenders.
Real Estate & Construction Financing If you are looking for financing to expand your current facility, acquire investment property or build a new office, a residential complex or a warehouse, Cathay Bank provides a broad range of commercial real estate financing programs tailored to meet your varying needs.
Full service hotels are difficult to develop, in part, simply because they are larger, requiring bigger development sites in prime locations and larger construction loans that are difficult to.