Hotels
Looking for a loan to purchase, develop, or refinance a hotel?
Uptown Funding arranges financing for a wide range of hotel properties, from large full-service flagged hotels to non-flagged limited-service hotels. For existing hotels, we have experience working with CMBS, SBA and conventional financing. For new developments, we can assist with SBA loans or arrange structured financing along with joint ventures or private equity.
Uptown Funding’s hotel loans feature the following loan parameters:
Minimum loan size of $1,000,000 – $5,000,000 considered small balance, over $5M loans are considered standard Uptown Funding loans.
- Loan-To-Value SBA up to 85%, CMBS up to 80% on loans over $5M
- Fixed rates for as long as 30 years
- Amortization options including Interest Only for a few years
- Flexible pre-payment options possible
- Assumable loans
- Low loan closing costs
- Recourse and Non-Recourse options available
- Private Equity and/or Joint Venture Funds possible
