Permanent loans are used to acquire properties or to refinance existing hotels with stabilized cash flow. At Stonehill, we offer hotel financing that can help your hospitality business achieve a higher degree of success in the competitive marketplace. As a direct lender, our team can help structure and provide the most practical and effective solutions for all your ongoing hotel lending needs.
How Do Permanent Loans Work?
In general, permanent loans are best suited to premium-brand hotels with solid in place cash flow. These hotel loans typically allow for up 65-70 percent loan-to-value amounts and can provide you with the funds needed to acquire new properties to expand your portfolio of chain hotels. Permanent loans designed for refinancing can help you access equity capital in your existing hotel, ensuring the most effective use of your available cash.
Working with the Best in the Hospitality Funding Industry
Our extensive experience and expertise in hotel funding options allows our real estate private equity firm to deliver capital for all your financial needs. The experts at Stonehill can design a lending strategy tailored to your precise set of requirements, allowing your hotel to enjoy the best options in the hotel loan marketplace. We work with you at every step of the process from initial application to disbursement of your funds, allowing you to enjoy the personalized service needed to achieve your financial goals.
At Stonehill, we are a direct lender to owners in the hospitality industry. We can provide you with the best and most comprehensive choices to deal with cash-flow issues, to acquire new properties and to renovate or remodel your existing hotels. To learn more about the direct lending options available to you, contact us. We look forward to financing your hotel.
|Amount||$5 million to $50 million|
|Rate||Fixed 4.5% to 6.5%|
|Amortization||20 to 30 years|
|Purpose||Acquisitions and Refinances (other scenarios considered)|
|Loan To Value||Up to 75% LTV|
|Loan To Cost||Up to 80% LTC|
|Loan Term||5, 7, or 10 years|
|Guarantees||Non-recourse with exception of carve outs|