At EPELBOIM, we had the great opportunity to work with the Stonehill team for a construction loan on our EVEN Hotel Atlanta. Greg Friedman and Michael Harper, in particular, were highly professional and sophisticated development partners. In addition, the entire Stonehill team resolved any issues that arose during construction efficiently and timely. They are an outstanding lender.
We set very aggressive growth goals for our company but were in need of additional equity to accomplish them. Fortunately, Stonehill had faith in our development and operational track records and worked with us to provide preferred equity that solved our capital needs. The Stonehill team is extremely knowledgeable about providing gap financing that has allowed us to significantly increase our presence in the New York tri-state area by adding five new hotels to our portfolio, as well as an AC in the San Diego’s Gas Lamp District.
American Liberty Hospitality
Stonehill was the obvious choice for us based on our shared level of mutual trust and respect. Combined with their desire for a win-win in every situation, we knew that Stonehill would provide creative solutions that would get our hotel over the finish line.
American Hospitality Services
Construction financing is challenging in today’s market. While PACE has proven to be a cost-effective use of capital, it’s difficult to find senior lenders that will consent to the PACE loan. Stonehill provided a seamless execution on both first mortgage and C-PACE financing that allowed me to execute on my development plans for both a Courtyard by Marriott and a Tru by Hilton. Utilizing Stonehill for both pieces of the capital stack created great efficiencies and made the underwriting and closing process easy.
Ocean Park Hotels
In all my time in the hospitality business I have never had such a seamless and smooth loan transaction. Stonehill team’s dedication and attention to getting the transaction closed on time was unsurpassed. They committed to it upfront and got it done. I look forward to working with them on my next deal.
Working with Stonehill Strategic Capital on a construction loan for a Home2 Suites has been a pleasure. Stonehill produces clever, unique and innovative solutions to financing. They understand the borrower’s needs and work hard to create great lending options. The entire process was smooth and I look forward to working with Stonehill on future projects.
We had a great experience working with Stonehill to close the construction financing on our latest hospitality project. As our needs evolved through underwriting they were very flexible and accommodated the structure we needed to comply with the requirements of our equity investors. Stonehill acted as tremendous partners throughout the process and we will definitely look to them for our financing needs again in the future.
Stonehill provided a construction loan for one of our Home2 Suites, and we look forward to future deals with them as well. It is a pleasure working with a lender that understands all facets of the hotel industry and the intricacies that arise.
Emerald Hospitality Associates, Inc.
We had the opportunity to close a bridge loan with Stonehill in 2018 on our new Hilton Garden Inn Wesley Chapel. Throughout the process, the entire team provided professional support and guidance to ensure an on time closing. Their experience and business knowledge of our industry allowed for a smooth process. We highly recommend Stonehill and look forward to our next opportunity to work together.
Southern Hospitality MGMT & Development
Peach State Hospitality
Peach State Hospitality has had exceptional experiences with Stonehill over the years. Their continued efforts in providing industry leading financing options have been vital to our company’s growth. Furthermore, their ability to be mindful of timelines and execute accordingly have been of great value to us. The relationship we have developed over the two deals we have closed has laid a great foundation for future business. The team at Stonehill is committed, reliable, and flexible when needed and we would recommend them to anyone with hospitality financing needs.
HOS Management / Development
HOS Management has now closed 2 deals with Stonehill and the experience has been great. They’re knowledge of the industry and their experience on the hospitality side has allowed our company to get deals done quickly. The entire team has been very responsive, thorough, and more importantly understand the business.
We had a great experience with Stonehill due to their knowledge of the hotel industry. I look forward to future lending with Stonehill.
Lexington Hospitality had an excellent experience working with Stonehill on the financing of our Aloft in downtown Columbia. We were very impressed with the entire team’s reliability, professionalism and honesty. They have the ability to think out of the box and close complex deals. We are currently working with them on other projects and strongly recommend Stonehill.
Working with the Stonehill team was a pleasure! Our firm has a lot of experience in commercial real estate and we have worked with many different financing structures and groups over the years. The team was very knowledgeable and professional in every way. This experience created a level of trust and respect that will lead to more business together.
I want to thank each member of the Stonehill team for all of the hard work and dedication with re-financing my Hampton Inn & Suites & La Quinta Inn & Suites in Aberdeen, MD. Stonehill moved quickly to take advantage of the opportunity and worked diligently to close the transaction under a tight timeline. The result of this transaction is a great outcome for Crossroads Hospitality Inc and Megha Inc. Your firm is a first class organization.
We had an auction.com deal which we had to close quick and Stonehill went above and beyond to get the deal done. It was a pleasure working with Stonehill and will work with them again in the future.
We have worked with Stonehill for over 5 years and have always had positive experiences. During this time, we have closed three loans with Stonehill, all complex, challenging and unique. They are proactive in their work, pay attention to details, while keeping sensitivity to timelines. All our deals were handled with diligence, care and utmost professionalism. More than anything they are wonderful people and we really enjoy working with them.
Principle TLT Solutions
You can trust Stonehill to close your deals. We were ready to close within 2 weeks on our first hotel acquisition when our initial lender pulled out unexpectedly. Throughout the process the initial lender kept raising the requirements such as increasing the interest rate and lowering the LTV due to the size of the PIP. We reached out to Stonehill and they worked diligently to structure a capital solution that worked for us, and we were able to acquire the hotel 3 weeks later. The entire team demonstrated a high level of integrity and they were a pleasure to work with during this stressful situation. We would absolutely use Stonehill again.
We at Impact Properties have had the pleasure of working with the team at Stonehill for many years. During that time, they have provided over $50 million in debt financing for our portfolio. Their industry knowledge and years of experience enable them to find creative financing solutions for any situation. In addition to their industry expertise, their relationship and customer focus is one of their strongest traits. Throughout the process from origination to closing they have been strong partners, and find innovative solutions to structure around significant issues. This creative thinking and certainty of execution has benefited their borrowers, and made us confident that once we begin a transaction with Stonehill it will come to a successful closing. Above all, we respect the Stonehill team as trustworthy partners focused on their clients and their needs.
Cambridge Hotel Group
Stonehill has been my primary investment vehicle for the past 5 years. The management team has always been engaging, responsive, trusting and investor focused. I look forward to executing more deals in the future.
We have used Stonehill on several of our transactions. They are timely and knowledgeable and understand that time is of the essence in executing commercial transactions.
NT Capital LLC
I’ve enjoyed closing many transactions with Stonehill over the last five years. Stonehill has an extremely experienced team of professionals with over 100 years of experience in the “niche” hospitality lending industry and it shows during the entire process. Their ability to structure highly complicated transactions are second to none. What truly sets them apart from competitors is their professionalism, attention to detail and ability to make adjustments when curve balls are thrown their way. I would highly recommend Stonehill to anyone who is considering them for their hospitality related financing needs and looking forward to closing more deals in the future.
Hagee Hospitality Group
The team at Stonehill was tremendous in assisting me with acquiring an asset that required an out of the box capital solution. They are my first stop in the process of executing new projects. Stonehill is arguable the most sophisticated and experience hotel lending team in the country.
American Liberty Hospitality
We want to thank everyone at Stonehill for being such a great capital partner to our Houston-based company, American Liberty Hospitality. Stonehill’s depth of experience in the hotel industry sets you apart from many competitors in your field. In our 44 years of developing, owning and managing hotels, you are the most knowledgeable capital group that we have every had the pleasure of working with.
I met Stonehill two years ago through our CFO when Innisfree Hotels was the victim of a broken deal with another capital company two weeks before closing. We had deadlines for opening our $45mm beachfront hotel for the season. Stonehill came through with just a few weeks of intense DD and we met our deadlines for opening. The professionals at Stonehill understand the macro and micro levels of complex projects and deliver what they say. Now two years later and after another $84mm in additional projects, we have grown Innisfree Hotels through some top tier products in high barrier to entry markets thanks to Stonehill.
It has been my privilege to work with Stonehill since their inception and with the principals for several years prior. I have always found them to be professional, reliable and a completely honest and “go to” group for our capital needs. Their innovative and can-do approach to lending solutions has made them an invaluable partner in our development program.
We have had a very positive experience working with Stonehill on the acquisition of our Doubletree Hotel downtown Atlanta. Stonehill provided preferred equity and worked closing with us to provide Seller with the surety of closing that they needed to go under contract with us. Since closing, we have found Stonehill to be professional and collaborative in our interactions as we have worked through our significant renovation and repositioning of the asset.