HOTEL CONSTRUCTION LOANS

Ground-Up Development Financing of Flagged and Independent Hotels

HOTEL CONSTRUCTION FINANCING PROGRAMS

Integra Real Estate Capital secures hotel construction loans for developers seeking flexible loan terms and low interest rates. Our custom-tailored financing options feature reliable draw schedules so that your project can get adequate funding and be delivered in time. We provide, both, recourse and non-recourse construction loan options, depending on the individual merits of the transactions.

So why work with Integra? We create value by offering our clients access to our strong construction lending relationships with all major capital providers that include: commercial banks, debt funds, insurance companies, REIT’s and private equity firms. Integra’s experienced team originates hotel construction financing that enable developers to work seamlessly toward meeting and exceeding their financial objectives.

Please contact us at (212) 353-2800 to learn more about our hotel construction loan programs or apply for an online quote below.

Quote My Loan

(212) 353-2800

You can also email us for more information on our financing programs.

17 State Street, Ste 4000
New York, NY 10004

INTEGRA REAL ESTATE CAPITAL

Hospitality Construction Financing

We represent and arrange debt and equity financing for institutional and private real estate investors. Below are some parameters to hotel construction loans we secure:

Eligible Hotel Types:

Eligible Locations:

Maximum LTC:

Loan Term:

Amortization Schedule:

Minimum Loan Amount:

Interest Rate Types:

Prepayment Option:

Completion Guarantee:

Supplemental Financing:

Mini Perm:

Closing Timeframe:

Flagged and independent hotels

Nationwide coverage, including Puerto Rico and Alaska

70% loan-to-cost (LTC). Higher leverage can be achieved for projects in strong markets.

2 to 3 years initial term with options to extend

Interest-Only throughout loan term

$5,000,000 minimum requirement for recourse and $15,000,000 for non-recourse loans

Typically floating over a specific LIBOR index

Open for prepayment with minimum interest due to lender

Required

Not permitted

Available, depending on construction lender

Generally 45-60 days from the date of a signed application

WHY CHOOSE INTEGRA?

By electing to work with Integra on your next hotel construction project, you will gain access to:

⇒ Non-Recourse Loans
⇒ Low Interest Rates
⇒ Higher Leverage (70% LTC)
⇒ Flexible Underwriting
⇒ Interest-Only Loans
⇒ 2-5 Year Terms
⇒ Mini-Perm Options
⇒ Loans In All Markets

Have a project to discuss? Call or e-mail us.

We will help you find the hotel construction platform that is right for you.

CONTACT INTEGRA TODAY!

(212) 353-2800

17 State St, Ste 4000, New York, NY 10004