Capital Market Update Hotel Financing

Hotel investors can turn to Winston Rowe and Associates for all of their capital needs nationwide without upfront fees. They can be contacted at 248 246 2243.
By: Winston Rowe and Associates
 
June 22, 2014 - PRLog -- Winston Rowe and Associates is an experienced commercial real estate finance company without upfront fees. With a special expertise in hospitality lending, they are positioned to address the needs of businesses facing a challenging credit environment.

Winston Rowe and Associates has direct capital to help you close on your next hotel purchase, refinance or rehabilitation nationwide. Their new financing solutions are some of the most aggressive in the current market place, in some cases financing can be completed in as little as 30 days.

Hotel Non-Recourse Permanent Financing

CMBS and conventional loans starting at $3 MM

Current Rates 5.38% I 10 YEAR FIXED

Term 5-10 year term | 25-30 year amortization

Loan Parameters

LTV from 65% to 75%

DSCR > 1.45x

Hotel Non-Recourse Bridge Loan great for non-stabilized properties or rehab

Current Rates Starting at 6%

Minimum DSCR: Multi Purpose 3 Years

Loan Parameters

Up to 75%

DSCR starting at 0.95x

Non-recourse

Pre-approval for permanent financing including CMBS

Hotel SBA 504 Loan for Acquisition

Full recourse loans from $1-15 MM.

Current Rates Starting at 5.50%

Term 10 Years

Loan Parameters

Up to 90% LTV owner-occupied transactions.

Personal credit score of 675 or better.

DSCR > 1.20x

Hotel Hard Money Loan

Current Rates As low as 10%

Term  1 - 2 Years

Maximum Loan to Value 60%

When speed and experience are important and crucial to your hotel investing success, a principal at Winston Rowe & Associates is always available to speak with prospective clients. They can be contacted at 248-246-2243 or check them out on line at http://winstonrowe.com

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Contact
Staff Writer
processing@winstonrwe.com
248-246-2243
End
Source:Winston Rowe and Associates
Email:***@winstonrwe.com
Tags:Finance, Banking, Hotel Finance, Money, Market Updates
Industry:Financial, Hotels
Location:United States
Subject:Services
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