Stonehill is a market leader in the hospitality industry for hospitality lending. Stonehill has the unique ability to combine a senior construction loan with PACE financing. For example, if you did a 55% construction loan and 20% PACE loan together, the overall cost of capital can be anywhere from 1% to 2% below market pricing for a 75% senior construction loan.
Hotel | |
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Amount | $1 Million Minimum |
Rate | Fixed starting at 7.0% |
Amortization | Up to 30 years |
Purpose | New Construction, Recapitalization, PIP/Renovation Financing, and Gap Financing |
Loan To Value | Up to 30% STABILIZED LTV |
Loan Term | Up to 30 years |
Loan Fee | 1-2% |
Guarantees | Non-recourse with exception of carve outs |
