First Charter Financial CALL FOR INFORMATION

info@fcfcorporation.com

COMMERCIAL REAL ESTATE FINANCING SHOPPING CENTERS HOTELS APARTMENTS OFFICE & INDUSTRIAL FCF BLOG ABOUT US

HOTEL & HOSPITALITY
MORTGAGE FINANCING
PURCHASE REFINANCE
CONSTRUCTION LOANS
(480) 970-0990


HOSPALITITY FINANCING

Ground up construction, refinance, purchase money, cash out and non-recourse. We do it all. Our loans are conventional bank financing, CMBS, SBA, bridge and private lending. Every financing is different and we will use our experience, our knowledge and our relationships to get you, our client, the best loan that fits your needs.

Hotels are different from other commercial real estate because there are no leases and tenants. A hotel is a lodging business inside a special purpose property. Because of this the underwriting parameters are different.

AQUISITION

Purchasing a hotel property is a very different from buying other commercial properties. Not only are there are no leases but there is usually a franchise. There is also a mamagement contract and the requirement for ongoing replacement of Furnature and soforth.

In addition to the usual due diligence there is often a change of ownership PIP (property improvement program) required by the franchisor. We have a lot of experience with hotel acquisitions and we can be of help to you in getting you deal done.

REFINANCE

At some point most properties require a refinance. This may be because the existing mortgage is maturing, there is the need to pull cash out of a property or there is the need to fund a PIP. What ever the reason we have the experience and the knowledge to get the job done for you. Hotels are usually financed with banks, CMBS, SBA and private lenders

CONSTRUCTION

We arrange construction financing in most markets around the country. We use both conventional and SBA. We like to structure conventional construction loans for 12 to 18 months followed by a mini-perm for up to three years. By doing that we can have a seasoned operating record for the property to take to market for the permanent loan.

SBA construction is done using the 504 program. If practical we encourage the advantages of the "Green" program. When necessary we can also place bridge loans and other temporary financing.

SEE OUR OTHER HOTEL PAGES:

HOTEL PURCHASE LOANS
HOTEL REFINANCING LOANS
HOTEL CONSTRUCTION LOANS
SBA HOTEL LOANS

THE BEST LOAN FOR YOU

Hotel financing is our specialty. We arrange loans for all kinds of hotels in all parts of the country. Large and small, franchised and independent. We have years of experience and can handle any need that our client may have.

We are independent and we do not have a requirement to fit you into any particular kind of loan as most others do. We always represent the owner / borrower. We strive to get our client the best loan that fits their needs.

GET INFORMATION

MINIMUM LOAN SIZE IS $1 MILLION

First name *
Last name *
Email *
Phone number *
Company name
Estimated loan amount
Type of property
Transaction
Property location
Comments and questions

SUBSCRIBE
Copyright © 2018 First Charter Financial Corporation
8204 East Del Caverna Drive, Scottsdale, AZ. 85258
info@fcfcorporation.com
AZ CMB-0922527
NMLS ID 181100
SITE MAP
FCFCORPORATION.COM
FIRSTCHARTERMORTGAGE.COM