Hotel financing

[Steve T. Noble]

Looking for a direct lender to provide construction and permanent financing for a flagged hotel in Hammond, Louisiana. Strong borrowers with experience. LTV of approximately 70%. Looking for $6.8M, $5.3M in construction.

[Jeffrey Freis]

Jeffrey B. Freis Associates, Inc. is a private investment bank specializing in Real Estate financing. We are experienced in Hotel Projects. Send your Package to [e-mail]

[Copelon J. Kirklin]

I work as a banking consultant with investment bank, IBS Bank, N.A., sourcing viable commercial real estate(but not limited to) funding deals. Definitely think we could be of assistance to your clients. I would like to explore any deals you may be seeking financing for. I have info on our bank and one of our recent funding deals with IHOP if you are interested. Feel free to contact me by any means below to have a conversation. I look forward to chatting with you. Thanks. 

P.S. I live in Denham Springs, about 20 min from Hammond, where the project is located.

-- 
Kind regards,

Copelon J. Kirklin

[e-mail]

Skype ID: copelon

225.304.2634 cell

225.347.0707 office

[Jeffrey Freis]

Jeffrey B. Freis Associates, Inc. is a real estate investment bank. We have direct lenders who lend in hotel space. We are able to work with you to obtain the financing you are seeking. Contact Jeffrey Freis, President at [e-mail]

Jeffrey B. Freis Associates, Inc.

Tel: [phone]

Fax:[phone]

Email:[e-mail]

www.jbfreisassociates.com

[Steve T. Noble]

Jeff, we have obtained financing for our project, but thank you for your interest.  Will keep you in mind for the next project.

[ENELDES PLC]

Ragusa Capital Plc is into funding of Businesses,corporate bodies and individuals to meet all types of Cash Flow Needs. This could range from mortgages,business and personal loans, Commercial Loans , Hard Money Loans, upfront cost to close a loan, Construction Loans, Loan Guarantee Programs, Commercial Debt Management, Venture Capital, Bond loans, Project funding, and many more. Our loans are unsecured with No collateral required. Our service is opened to interested clients worldwide. [e-mail]

* Annual interest rate is 5%

* Repayment commences 12 Months after loan is disbursed

* No collateral facility required

* Poor credit not a disadvantage

* Loan Repayment spreads out over years.

WE PAY COMMISSION TO LOAN REFERRAL SERVICES!!

Dennis Wise,

email: [e-mail]

[Steve T. Noble]

Thanks for you interest, but these loans have been placed. 

[Angela Burton]

Hi,

Are you still looking for funding for this project? If so, email me some details about it I may be able to get you financed. Email [e-mail]

[Jack Taromino]

Hi Sir, I can refer you to a direct lender that does hotels and he is specialist at hotels please e mail me we can connect on this to [e-mail] Senior Mortgage Consultant signed Jack Taromino.

[Paula Steele]

 work directly with a lender and we offer the following funding programs:

$100% financing/bond funding.  This funding is 100% financing, but, the principal must be able to be able to pay for the underwriting, due diligence and appraisal fees.  We charge NO UPFRONT FEES to review a transaction.  After reviewing the transaction, we submit it to underwriting and we do a conference call.  We do some "Q & A" with the client and at the end, the client decides if they want to go forward.  They don't pay any fees until they decide And, we even give out references after the conference call.  Yes, you can call our clients and get feedback. 

Recourse Funding.  Commercial and residential loans from $25,000 up to $500,000.  This is an asset based, no-credit score and no personal guarantee loan.  We offer bank rates from 4% to 5.5%.  70% LTV based on the ARV (after repair value) of the property.  For buy/sell, it's 12-18 month interest only and for buy/sell, we can do a 5 to 10 year term based on a 20 to 30 year amortization.  

Non-Recourse Funding.  For our non-recourse lending for loans of 70% to 80% LTV based on the ARV.  So, for example:  you have a client that needs a loan for $3 million and the property is worth $5 million (refinance scenario).  Here, there is no personal guarantee and it is asset based.  The client MUST be able to show reserves and prove he can service the debt.

Should you have any other questions either e-mail me at [e-mail] or call me direct at 551-208-7661.

Thank you.

Paula Steele

551-208-7661

[Harold Kolbe]

We are brokers working with direct corresponding lender to capital.   We can provide new development with full LTV/LTC, combination downpayment plus our mezz funding , bridge capital and convert to perm.   We have a property in NC, new construction-flag property- $8.2MM that borrower has 15%, we provide 10% mezz funding to reach the 75% LTV/LTC that makes this project work.   Completing a number of Comfort Suites as well (some new development, acquisition and a refi.

Be glad to discuss, www.sebusiness.org

Harold Kolbe

[Latif Kassam]

Seeking genuine Joint venture investor for REO or short sale flagged hotels from the bank

• Posted by Latif Kassam on February 27, 2013 at 2:55pm in Request Funding
• View Discussions

Looking for a equity partner where the investor would initially function as the investor for 100% of the project cost (to buy direct from the bank or existing owner) and we serve as equal sweat equity partners. We not only have the experience in the hotel industry to manage the asset(s), but are also professionals with high ethics and principles so there is no intention to screw anybody

This is for somebody who understands investment in the hotel industry today in USA where lots of existing owners are unable to service the debt originally taken at the peak period (2006-2009)

We are also open to UAE (Dubai) market where in some cases occupancy levels are above 90% and ADR is pretty high as well

In exchange for funding 100% of the Project, Investor will receive 100% of the Project net profits until such time as the investment amount has been repaid to the investor. There would be NO DEBT SERVICING on this program. From the point, the equity is paid, sharing of the profits would be 50 50 for the life of the project usually 5 to 8 years

Note: Value for a note would normally be 60-70% of appraisal value of the asset. 

If you are serious and want to work with somebody for mutually beneficial purpose, then please email me  initially and I will provide further contact information. No mandatory upfront fee please

Investment amount can be anywhere from 3M-100M per transaction and depending on the location within USA and if it is UAE, then it starts from 30M

Latif Kassam

[Steve T. Noble]

This has already been placed with a direct lender.