Hospitality Property Financing
The Madison Group is a leading source of real estate capital for hotel and motel properties nationwide. Obtaining financing can be frustrating and time consuming if you’re not acquainted with the right players in the industry. We understand the intricacies of financing for your unique property type. Our experienced team can help guide you through the process to save you time, money, and headaches. We work with a trusted network of commercial lenders that offer more options so that you can decide what hotel loan works best for your business.
Commercial mortgage loans for hospitality properties may vary depending on state, population, DSC, and LTV. Our goal is to understand your needs and then structure your loan file to obtain the best terms available in the marketplace. We work with you to provide fixed or variable rates, cash out, flexible prepayments, and non-recourse options, among others.
Hospitality ownership is one of the premier ways of real estate investment designed to preserve capital. Our financial advisers will be able to assist you by designing a loan program that is tailored to your needs so you can acquire the commercial property that you need or refinance a mobile home park that you already own. The Madison Group has over a decade of experience in investments of this nature and is uniquely suited to advising you .
For more information about the different types of mortgage programs we offer, please contact us so we can answer all of your questions.
Loan Program Information
|Loan Limits||$1,000,000 Minimum|
|Rates||Competitive market pricing|
|Terms||3. 5, 10 year fixed terms, and longer|
|Amortization||25 to 30 Year Amortization|
|Prepayment||Several options including no prepayment penalty|
|Recourse||Nonrecourse available (subject to standard carve outs)|
|DSC||1.25 DSC Minimum|
|LTV||65% – 75% LTV/LTC Maximum|
|Assumable||Yes to a qualified borrower|
|Property types||Hotels, motels, bed and breakfasts, resorts, boarding houses, and inns Flagged and non-flagged hotels|