For Owners and Buyers of Franchised and Boutique Hotel properties seeking to reposition an asset, change flags, deflag and convert to boutique or turnaround a property, ParkSide Real Estate Capital will structure a financing package to suit.

From initial Acquisition or Construction financing to Long Term Refinancing, ParkSide will work with the Borrower every step of the way until completion of the restructuring plan.

Loan Products Offered

• 2-7 Year Term On-Book Portfolio Loans
• 6 Month - 3 Year Bridge / Interim Loans
• Preferred Equity / Mezzanine
• FF&E products

Features

• Maximum LTV not to exceed 90% of New Capitalization
• Spread based on 30 day LIBOR or Prime
• Interest only first two years with 25 Year Amortization thereafter
• Non-Recourse
• High LTV First Mortgage not exceeding 85% LTV (case by case)

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

 

 

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