Hospitality Loans

A great hotel can make for a wonderful family vacation, romantic getaway or business trip, and the sheer variety and volume are one of the many reasons we love traveling. Hotels have comprised more than 60 percent of our work over the last 15 years — a testament to our passion for helping hotel owners with the financing they need to provide an unforgettable overnight guest experience.

Additionally, we understand the unique pressures and needs that come with closing commercial real estate and business loans according to sensitive hotel brand standards and franchise regulations. Our knowledge of hotel brand standards and franchise regulations ranges from mid-tier brands like Hilton, Marriott, Hyatt, and Wyndham, to economy flags including Motel 6, America’s Best, Super 8 and Quality Inn.

Our hospitality borrowers typically own 1-10 hotels and are heavily involved in the day-to-day operations. Loans we close provide financing for acquisition, renovation, property improvement plans (PIPs) and working capital. We have vast expertise in refinancing for PIPs, partnership buyouts, rate and term, debt consolidation, reflag, deep turn renovations (repositioning). When time is of the essence, we facilitate bridge loans to support an owner’s plan to return to more permanent markets.

The Cornovus Difference

Hotel financing comprises more than 60% of our work. Our borrowers typically own 1-10 hotels.

Funding Sources: SBA, CMBS, Bridge Lenders, Specialty Lenders