HOTELS AND MOTELS
Purchase or Refinance
Loan amounts upto $5,000,000


Program includes:
Hotels : Flagged and non-flagged
Motels: Flagged and non-flagged
Condo/Hotels

Highlights:
Fixed period up to 30 years
Amortizations up to 30 years
No balloon payments
This is not an SBA program
High LTV
Low rate program
Common sesne underwriting
Refinance
Purchases
Unlimited cashout
Loan amounts up to $5,00,000


 


Criteria:
Nationally Franchised Hotels/Motels
Non flagged properties may require additional dcumentation
Limited Service
Owner Operated
Successful Management Experience
Good Credit
Cash Flow Information Needed
3 Years Tax Returns
Interim financial statements
Debt Schedule
HOTEL PROPERTIES INCLUDED IN OUR NATIONWIDE PROGRAM

    BRAND

  

BRAND

ECONOMY/BUDGET  MID-SIZE (Limited service)
Days Inn
Econo Lodge
Sleep Inn
Super 8
Travelodge
Baymont Inns
Microtel Inns
Red Roof Inn
Motel 6
Roadway Inn
Best Western

FRANCHISE

Choice
Cendant
Marcus
US Franchise Systems
Acor
Marriott
Hilton
Bass
Carlson
Internantinal
Prime Hospitality
LaQuinta
Comfort Inn
Fairfield Inn
Hampton Inn
Holiday Inn Express
Howard Johnson
Hilton Gardens
Quality Inn
Ramada Limited
Country Inn & Suites
Wingate Inn
AmeriHost
Staybridge Suites
Homewood Suites
Springhill Suites
AmeriSuites
Clarion
LaQuinta  
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

 

 



APPLY HERE - ONLINE APPLICATION
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 Mortgage brokers
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Contact: Jeffrey Lustbader, President, Commercial Mortgage City Corporation, Telephone: (561)488-4830 Ext. 201 E-Mail jeff@commercialmortgagecity.com