Capital for Debt service; operational shortfalls; architectural renovations; PIPs; remodeling; etc.
Proprietary program offering equity now. Close 45- 60 days.
Structure: Preferred Equity on individual hotel, portfolio of hotels, or corporate owned hotels.
Investment Size: $5.0M to $50.0M+
Loan to Value: Up to 80% LTV based on 2019 NOI valuation
Term: 3 to 5 years with Buy/Sell Clause (case-by-case, 5 to 10 years)
Preferred Rate: Starting at 10.0% - Accrued until Cash is available.
Equity Warrant: TBD based on Equity
Cash Out: Considered on case by case. Subject to leverage.
Contact Alan: email@example.com