LOAN PROGRAMS

CMBS/Life Co/Non-Bank Balance Sheet Lenders

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Loan Purpose

Loan Amounts

Loan-To-Value

Terms

Rates

 

Pinnacle Hotel Finance has the expertise and experience to execute hotel loans through the following financing programs.

Rates, terms, and conditions are driven by several factors including:

• Hotel Cash Flow

• Sponsor Strength and Experience

• Loan-to-Value

• Franchise

• Location

Acquisition and Refinance

$3M and Up

Up to 70% (higher with additional mezzanine debt)

3-10 Years. Variable Rates, 5yr, 7yr and 10yr Fixed Rates

Driven by Hotel Quality and Performance along with Sponsor Strength

 

Commercial Banks/Credit Unions

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Loan Purpose

Loan Amounts

Loan-To-Value

Terms

Rates

 

Acquisition, Refinance, Construction, Repositioning, Partner Buyout, and PIP

$1M and Up

Up to 80%

3-10 Years. Variable Rates, 3yr, 5yr, 7yr, and 10yr Fixed Rates

Driven by Hotel Quality and Performance along with Sponsor Strength

 

SBA 504

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Loan Purpose

Loan Amounts

Loan-To-Value

1st Mortgage Terms

 

2nd Mortgage Terms

Rates

 

Acquisition and Construction

Loan Structures from $1M to $15M

Up to 80% CLTV

Variable Rates, 3yr, 5yr, 7yr, and 10yr Fixed Rate Loans on 20-25 Year

Amortizations

20 Year Fixed Rate Fully Amortizing Loan

Driven by Hotel Quality and Performance along with Sponsor Strength

 

SBA 7a

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Loan Purpose

Loan Amounts

Loan-To-Value

Terms

Rates

 

Acquisition, Refinance, Construction, Repositioning, Partner Buyout, and PIP

Loans from $1M to $5M

Up to 85%

Variable Rate Loans Tied to Prime. Limited Options for Fixed Rate Loans

Driven by Hotel Quality and Performance along with Sponsor Strength

 

USDA B&I

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Loan Purpose

Loan Amounts

Loan-To-Value

Terms

Rates

 

Acquisition, Refinance, Construction, Repositioning, Partner Buyout, and PIP

Loans from $1M to $10M

Up to 85%

Variable Rate Loans Tied to Prime. Limited Options for Fixed Rate Loans

Driven by Hotel Quality and Performance along with Sponsor Strength

 

© Pinnacle Financial Funding    |   2015