At Stonehill, we can provide new construction hotel financing options and to suit your project. We offer bridge loans and mezzanine loans that can put funding in your hands more quickly and easily. Contact us for your new construction hotel lending needs.
Hotels are usually financed with banks, CMBS, SBA and private lenders. CONSTRUCTION. We arrange construction financing in most markets around the country. We use both conventional and SBA. We like to structure conventional construction loans for 12 to 18 months followed by a mini-perm for up to three years.
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At around 10:15 am ET, the upper three floors of the building collapsed, according to Tim McConnell, New Orleans Fire Department Superintendent. The building is a Hard Rock Hotel construction site,
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.
These loans differ from our hotel construction loans as they are specifically designed for rehab. Our capex hotel loans are underwritten for value-added hotel renovations, PIPs, conversions, or the FF&E financing (Furniture , Fixtures and Equipment) of a new hospitality construction project.
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5 Ways To Secure Hotel Construction financing national hotel view count:. high tourism rates keep the market among the top five for hotel construction. New demand drivers, like the potential.
New hotel construction is often an ideal way to expand your business. Regardless of which market you’re targeting, our team can provide adequate funding and guidance. Learn More
Construction loans for hotel loans are just one of many financing options available through our office. Whether you need to apply for a commercial construction loan or another type of loan to purchase or refinance an existing real estate investment, we can connect you with the right loan program and facilitate the loan process with great results. Contact our office today to speak with us personally about your hotel construction financing needs.
Lending Programs Bridge Loans Castellan Capital provides bridge loans nationwide for the acquisition and refinance of transitional real estate properties. Construction Loans Castellan Capital provides development financing for ground-up construction projects. Construction financing is available primarily for properties within New York City.