Whether you’re looking to do ground-up construction of a new hotel with a hotel construction loan, refinance an existing property with hotel refinance, acquire an asset with hotel loan, or reposition an existing one, we can provide the most competitive hotel loan programs.

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Do you have a Budget Hotel Project? With Budget Hotel YOU ARE COVERED Hotel Construction Financing. Of course, the construction of a new hotel project is the most complex form of hotel financing. Securing an optimum hotel construction loan is a similar process to financing a new business. The main similarity is the lack of any demonstrable performance history.

Sam Chang's McSam Hotel Group has nabbed $71 million in construction financing for a Marriott Hotel and a Residence Inn at JFK.

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A major new hotel project is coming to Antigua.. Replay will be announcing its hotel brand partner this spring, with construction set to begin in late 2016.

There are funds actively financing construction projects with loan amounts $10 million or higher for Hilton, Marriott, Hyatt and IHG brands. Most offer non-recourse construction loans at 70 percent of cost for three years with two one-year extension options. They typically charge a 1 to 2 percent origination fee and a 1 percent exit fee at maturity.

Real Estate & Construction Financing. In addition to our conventional real estate financing, the Bank can also act as an agent bank or a participating bank for a loan syndication in which the project financing is over our legal lending limit or out of our service area. To help you better understand our commercial real estate financing options,

WCG provides mezzanine financing collateralized by either a direct lien on the. new acquisitions, refinance existing properties, finance build-to-suit. Retail, Industrial, Multi-Family, Hotel, Self-Storage, Mixed-Use and Mobile Home Parks.

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Construction Loans Construction loans help seasoned entrepreneurs expand and build out franchised hotels, multi-use office space, or assisted living facilities. They begin with interest-only payments, enabling the business to begin operations before principal payments are due.

Whether you’re looking to do ground-up construction of a new hotel with a hotel construction loan, refinance an existing property with hotel refinance, acquire an asset with hotel loan, or reposition an existing one, we can provide the most competitive hotel loan programs. Real Estate & Construction Financing.