Permanent Loans

Stonehill Strategic Capital offers permanent loans for acquisition and refinances. This program is geared towards existing hotels with in place cash flow.

PURPOSE:

Acquisitions and Refinances (other scenarios will be considered)

PROPERTY TYPE:

Premium branded hotels, including Marriott, Hilton, InterContinental, Hyatt, and Starwood (other brands will be considered)

AMOUNT:

$5 million to $50 million

LOCATION:

Nationwide

LOAN TO VALUE:

Up to 75% LTV

LOAN TO COST:

Up to 80% LTC

RATE:

Fixed 4.5% to 6.5%

AMORTIZATION:

20 to 25 years

LOAN TERM:

5 , 7, or 10 years

LOAN FEE:

0%

GUARANTEES:

Non-recourse with the exception of carve outs

Bridge Loans

Stonehill Strategic Capital offers bridge loans for borrowers who need short-term financing to reposition a hotel asset prior to obtaining permanent financing.

PURPOSE:

Acquisitions, Recapitalization, Construction Takeout, PIP/Renovation, Conversion, and Gap Financing (other scenarios considered)

PROPERTY TYPE:

Select- and Limited-Service Branded Hotels, including Marriott, Hilton, InterContinental, Hyatt, and Starwood (other brands will be considered)

AMOUNT:

$5 million to $50 million

LOCATION:

Nationwide

LOAN TO VALUE:

Up to 85% LTV

LOAN TO COST:

Up to 85% LTC

RATE:

Fixed or Floating 6.0% to 9.0%

AMORTIZATION:

Interest only available

LOAN TERM:

2 to 5 years

LOAN FEE:

1.5% to 2%

GUARANTEES:

Recourse and non-recourse

Preferred Equity

Stonehill Strategic Capital offers Preferred Equity for situations where direct capital injections into the borrowing entity are required.

PURPOSE:

Acquisition, Recapitalization, PIP/Renovation, CMBS Loan Assumption, and Partner Buyout (other scenarios considered)

PROPERTY TYPE:

Premium branded Hotels, including Marriott, Hilton, InterContinental, Hyatt and Starwood (other brands will be considered)

AMOUNT:

$3 million to $10 million

LOCATION:

Nationwide

LOAN TO VALUE:

Up to 95% LTV

LOAN TO COST:

Up to 95% LTC

RATE:

13% to 20%

AMORTIZATION:

N/A

LOAN TERM:

N/A

LOAN FEE:

2%

GUARANTEES:

N/A

Candlewood Suites

Indiana

Amount: $9,100,000

Loan Type: Permanent

Candlewood Suites

Florida

Amount: $3,485,000

Loan Type: Permanent

Comfort Suites

Ohio

Amount: $3,125,000

Loan Type: Permanent

Country Inn & Suites

Ohio

Amount: $4,125,000

Loan Type: Permanent

Country Inn & Suites

Georgia

Amount: $3,775,000

Loan Type: Permanent

Element By Westin

Texas

Amount: $14,890,000

Loan Type: Permanent

Hampton Inn

Georgia

Amount: $6,300,000

Loan Type: Permanent

Hilton Garden Inn

Arizona

Amount: $10,900,000

Loan Type: Permanent

Hilton Garden Inn

Georgia

Amount: $8,350,000

Loan Type: Permanent

Homewood Suites

Georgia

Amount: $11,340,000

Loan Type: Permanent

Hotel Indigo

Indiana

Amount: $9,100,000

Loan Type: Permanent

Staybridge Suites

Georgia

Amount: $9,000,000

Loan Type: Permanent

Staybridge Suites

Indiana

Amount: $7,000,000

Loan Type: Permanent

Staybridge Suites

Indiana

Amount: $10,400,000

Loan Type: Permanent

City Lofts

South Carolina

Amount: $2,100,000

Loan Type: Bridge

Courtyard by Marriott

California

Amount: $10,650,000

Loan Type: Bridge

Courtyard/Fairfield Inn & Suites

Georgia

Amount: $15,714,000

Loan Type: Bridge

Doubletree

California

Amount: $12,300,000

Loan Type: Bridge

Element

Colorado

Amount: $15,750,000

Loan Type: Bridge

Hampton Inn

Florida

Amount: $5,000,000

Loan Type: Bridge

Hampton Inn

Texas

Amount: $3,550,000

Loan Type: Bridge

Hampton Inn

Pennsylvania

Amount: $17,000,000

Loan Type: Bridge

Hampton Inn

Wisconsin

Amount: $7,200,000

Loan Type: Bridge

Hampton Inn

Maryland

Amount: $8,300,000

Loan Type: Bridge

Hampton Inn & Suites

Wisconsin

Amount: $17,340,000

Loan Type: Bridge

Hilton Garden Inn

Mississippi

Amount: $11,000,000

Loan Type: Bridge

Holiday Inn

Louisiana

Amount: $5,650,000

Loan Type: Bridge

Holiday Inn

Alabama

Amount: $8,200,000

Loan Type: Bridge

Holiday Inn Express

New York

Amount: $4,500,000

Loan Type: Bridge

Holiday Inn Express

Florida

Amount: $6,350,000

Loan Type: Bridge

Holiday Inn Express

Georgia

Amount: $3,150,000

Loan Type: Bridge

Homewood Suites

Texas

Amount: $12,300,000

Loan Type: Bridge

LaQuinta Inn

Georgia

Amount: $2,645,000

Loan Type: Bridge

Redmont Hotel Curio Collection

Alabama

Amount: $13,000,000

Loan Type: Bridge

Sam Houston Hotel Curio Collection

Texas

Amount: $14,400,000

Loan Type: Bridge

TownePlace Suites

Texas

Amount: $10,660,000

Loan Type: Bridge

TownePlace Suites by Marriott

Texas

Amount: $5,100,000

Loan Type: Bridge

Westin Tampa

Florida

Amount: $45,500,000

Loan Type: Bridge

AC by Marriott

Florida

Amount: $4,700,000

Loan Type: Preferred Equity

DoubleTree by Hilton

Georgia

Amount: $10,800,000

Loan Type: Preferred Equity

Hampton Inn & Suites

Florida

Amount: $7,870,000

Loan Type: Preferred Equity

Holiday Inn

Tennessee

Amount: $$5,291,000

Loan Type: Preferred Equity

Hotel Indigo

Alabama

Amount: $2,200,000

Loan Type: Preferred Equity

Hotel Indigo

Florida

Amount: $2,540,000

Loan Type: Preferred Equity

La Quinta Inn

Florida

Amount: $2,200,000

Loan Type: Preferred Equity

Residence Inn/Springhill Suites

Florida

Amount: $7,700,000

Loan Type: Preferred Equity

TownePlace Suites by Marriott

Colorado

Amount: $4,000,000

Loan Type: Preferred Equity