Taco Bell recently announced the newest addition to its lineup. Rather than a new restaurant location or menu item, this upcoming arrival is a theme hotel that offers accommodations designed for the most committed Taco Bell fans. The hotel has been dubbed “The Bell” and is expected to open on August 9, 2019 for a […]
Avoiding Issues When Refinancing Hotel Loans
The right approach to refinance your hotel loans will provide you with the best options for your financial needs. Understanding the criteria used by lenders is essential to ensure the best possible results. Keep in mind a few key points when planning to refinance loans in the hospitality industry. Timing Is Critical Taking a good […]
Potential Hotel Financing Obstacles for Acquiring Hotel Loans
The right hotel financing arrangements can make a significant difference in the profitability of your investment. In some cases, however, obstacles may arise that could prevent you from obtaining the financing you need for your hotel acquisition or renovation. Here are some of the most common obstacles you may encounter when seeking financing for your […]
Why Lenders Require Comfort Letters for Branded Hotel Financing
Investing in a franchise hotel can be a good way to diversify your portfolio and to achieve solid returns over an extended period of time. Finding the right hotel financing options can make this acquisition even more profitable. Comfort letters are designed to provide a legal framework for lenders and franchisors to handle situations in […]
What Is Mezzanine Financing for Hotel Loans?
Mezzanine financing arrangements can provide added flexibility for developers and property owners when acquiring funds for their projects. These hotel loans are designed to put the equity or ownership stakes of a project to work by taking out a loan using these assets as collateral. This can provide ready funds for acquiring new hotel properties, […]
Why the Real Estate Private Equity Firm Industry Is Focused on the Hospitality Industry
A newfound interest in the hospitality industry is fueling growth in private equity firms across the U.S. This reflects the relatively conservative approach still in effect at many banks and major lending institutions, which provides openings for a savvy real estate private equity firm to supply capital for hotels and other hospitality businesses. Here are […]
Underwriting Basics of Hotel Lending
Finding the right hotel lending solutions can boost your profitability in the competitive marketplace. Understanding the complex hotel underwriting process can be a good first step toward qualifying for the funding you need to expand or to refinance your hotel. Here are some key points to remember about your hotel financing options and the best […]