hotel financing

ACQUISITION / CONVERSION / CONSTRUCTION / REFI

Frias Financial is one of the hotel industry’s most trusted partner for direct hospitality lending. With experience and market expertise, we specialize in providing the capital solutions you need now — from bridge, construction and permanent loans, as well as mezzanine and preferred equity to capex loans, we are dedicated to serving qualified hotel owner-operators throughout the United States.

  • LOAN AMOUNTS: $5,000,000+
  • LOAN TERMS: 2 TO 5 YEARS
  • AMORTIZATION: I/O
  • LOAN TO COST: UP TO 80%
  • LOCATION: NATIONWIDE
  • FLEXIBLE LOAN STRUCTURE

Hotel Loan Financing Acquisition

  • INTEREST RATE: 8.50%; Floating starting at 500 basis points
  • TERM: 2-5 Year initial term
  • LEVERAGE: LTC / LTV UP TO 75% TO 80%
  • INTEREST RATE: Interest Rate starting at 8.5%; Floating Rate starting at 500 basis points
  • AMORTIZATION: Up to 36 months  interest only, 25 year amortization, thereafter.
  • TIME TO FUND: 6 Weeks

Hotel Construction Loan

  • PURPOSE: Development of new hotels in strong secondary markets.
  • LOAN AMOUNT: $5MM – $30MM, larger projects considered on a case-by-case basis
  • LEVERAGE: Up to 70% LTC
  • TERM: 3 years, plus extension options.
  • AMORTIZATION: Interest only, 25 year amortization during extension options.

Hotel CAPEX

  • LOAN PURPOSE: FF&E for hotel development, conversion or renovation.
  • LEVERAGE: 100% of the FF&E (Purchase, Delivery, Installation)
  • LOAN AMOUNT: $750K – $5MM
  • INTEREST RATE: Starting at 700 basis points