Hospitality

A property that will have furnished units and the units would be available to rent on a day by day basis. These properties can be high rises, mid-rises, or a combination of both. The project can be flagged by a major company (i.e. Marriot, Hilton, Wyndham, etc.) or they can be a boutique product. Properties can also incorporate Water parks, Casinos, and/or retail.

Construction Loans

• Up to 85% Loan to Cost
  
• 18-24 Month Terms
  
• Interest Only Loans
  
• Special 100% Financing for Native American Owned Casinos.
  

Permanent Loans

• Recourse
  
• Up to 85% Loan to Value
  
• 25-30 Year Amortizations
  
• Special 100% Financing for Native American Casinos
  

Mezzanine/ Equity Partners & Bridge Financing

• Interest Only Loans
  
• 12-24 Month Terms
  
• Possible Deferred Interest Payments
  
• Up to 90% Cumulative Loan to Value
  

Needed Documentation:

Construction Loans

1. Executive Summary of Project.
   
2. Pictures of Site/Renderings of Project.
   
3. Proforma Operating Statements
   
4. Construction Budget.
   
5. Sources & Uses (need to know CASH in project (not equity)).
   
6. Appraisal & Environmental Reports
   
7. Personal Financial Statements, Tax Return Documents, & Resume of borrower(s).
   

Permanent Financing:

1. Executive Summary of Project
   
2. Operating Statements for past 2-3 years and current YTD.
   
3. Resume of borrower(s)
   
4. Appraisals & Environmental Reports
   
5. Personal Financial Statements of Principals (not immediately, but will be needed even for Non-Recourse Loans).

Deal Overview Form