|
 
<< back to Commercial Resources
A slow market can present tremendous opportunities for those who buck the trend and take a long-range view. The hospitality market, depressed over the past few years, has begun to turn around and many savvy investors are responding with forward-thinking strategies for success. This is an optimum time to invest in a new acquisition or upgrade an existing property. Whether it's a large hospitality organization, a franchise operator or a new independent hotel, MM4L has a variety of lenders that understand this exciting market and can help satisfy a wide range of capital requirements.
MM4L provides a capital source alternative for the construction and permanent financing of both full and limited service hotel / motel properties:
Permanent Loans: Fixed rate, non-recourse loans with maturities of between three & twenty years are available. Amortization will vary, based upon leverage amount and property effective age. Maximum loan to value of 80%.
Bridge Loans: This financing structure accommodates existing properties that have upside potential. The bridge loan structure can provide the capital required for property stabilization at floating rate pricing, which allows the loan to be refinanced at par (no penalty) once the income is stabilized. Maximum loan to value of 75%.
Construction Loans: Projects located within markets providing strong and easily identified market demand can qualify from 60% to 75% of cost construction financing. In some cases a combination construction/permanent loan will be offered, saving the cost of closing two loans and taking the guesswork out of the permanent loan term.
Click on the links below to get a better idea of all Property Types we can finance.
Multi-Family/Apartment Buildings Mixed-Use Properties Office Buildings Co-op Mortgages Retail Property Financing Warehouse / Industrial Hotel / Hospitality Self Storage Commercial Co-ops and Condos Congregate Care Facilities Specialty Properties(including Golf Courses)
<< back to Commercial Resources
Fill out the short form below to begin the process of obtaining your commercial mortgage.
 |