Hotel construction loans
Ultimate Guide to Hotel Financing
Graco Commercial Capital has been serving the commercial finance area since 1992. We have decades of experience funding large commercial real estate loans including hotels.
In addition to hotel construction, we are also able to perform hotel FF&E financing.
When you need a hotel loan or any hotel and / or hospitality transaction services, turn to, Graco Commercial Capital for the fast, professional service.
Lending Area: Nationwide
Loan Amounts: $1 million - $100 milliion +
Terms: 3 - 5 years
Rate: 7% - 10% (fixed or floating interest only
Origination: Varies
LTC: 80% (Hard & Soft Cost)
75% (ARV)
Recourse: Non-Recourse (Completion Guarantee Required)
Lien Position: 1st only
Funding: 4 - 8 weeks
Credit: 680+
Experience: Borrower must have experience on title building with similar size hotels during the past 3 years
Borrower Liquidity: 5% of loan amount and cash to close
Foreign Nationals: OK
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For additional Information, contact us today. 970-663-7306