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Hotel and Resort Loans

Commercial Mortgage Loans

 

Hotel Construction

ParkSide Real Estate Capital will structure a Construction Loan to service your needs, from building ground up or to make improvements and expand an existing property whether Franchised or Boutique, Full or Limited service or an Extended stay product.

With several lending options available from Interim / Bridge Loans to Long Term Financing upon restabilization, ParkSide is your perfect financial partner.

Loan Products Offered

  • 2-7 Year Term On-Book Construction and Mini-Perm Loans
  • Preferred Equity / Mezzanine
  • FF&E products

Features

  • Maximum LTV not to exceed 85% of Cost
  • Spread based on 30 day LIBOR or Prime
  • Interest only during construction
  • 25 Year Amortization (during Mini-Perm phase)

Minimum Loan Size $ 15,000,000 and up. Large deal sizes preferred.

 

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