Franchised Hotel Lending Programs
ParkSide Real Estate Capital arranges financing for all Franchised Properties at unbeatable terms and rates. Owners and Developers can expect aggressive Lender underwriting, lower DSCR requirements and significantly lower spreads.
ParkSide has significant experience in the Franchised Hotel lending market working with all major brands including Hilton, Marriott, IHG and others.
Property Types
- Full Service
- Limited Service
- Extended Stay
- Resort and Spa
- Condo Hotel Developments
Loan Products Offered
- Construction
- Acquisition
- Refinancing
- Turnaround / Repositioning
- Bridge / Interim
- Preferred Equity
- Mezzanine
Total Loan to Value / Cost not to exceed 90% (case by case), including Mezzanine or Preferred Equity piece with a Minimum combined DSCR of 1.1x
1-10 Year Terms with 25-30 Year Amortization, Fixed or Floating Interest Only options and Additional Drawdowns for future expansion. Both CMBS and Portfolio loan placements provided. Spreads based on 10 Year Treasury, 30 day LIBOR or Prime as requested.
Minimum Loan Size $ 10,000,000 and up unless part of a larger Portfolio. Large deal sizes preferred.
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