Hospitality

Benchmark Commercial Lending has the experience you need for hotel funding. We offer both construction and permanent financing for hotels through most major metropolitan areas. In discussing your opportunity, we will want to understand your ultimate desire in the financing, your holding period, and all of the details of your project. We have experience financing both flagged and non-flagged hotels. With hotel financing, it is imperative that the loan is structured properly to obtain the best financing terms. Contact us today to discuss your individual needs.

• Max Amortization 20 - 30 years
• Borrower's income may not be needed for Loan Qualification
• Fixed rates including 3,5,7,10 and 15 years
• Interest Only available up to 3 years.
• Assumable loan features
• Non-Recourse available for select properties.
• Streamlined underwriting
• Fast Closings available within 30 to 45 days.

• Loan amount from $500,000 to $50 million
• Min DSCR >= 1.40x
• Max LTV <= 70%
• Minimum Occupancy of 60% over past three years
• Food and Beverage contribution should be less than 40%
• Hotel should be flagged within major market areas.
• Short term and bridge loan options available for properties that do not cash flow.

We encourage you to give us a call to discuss your current needs. Our experience enables us to meet your needs and provide you with the most competitive rates and terms available in the marketplace.

Check out our products to find an option that fits your needs!