Our personal advisory approach will make you rest assured that you are getting the best hotel financing solution, which is tailored specifically for your situation.
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HOTEL FINANCING

Ocean Pacific Capital has extensive experience in flag and non-flag hotel and resort financing. At our company we take a personal advisory approach to the financing process so you will work closely with a loan officer who specializes in hotel finance. You can rest assured that by working with us you are getting the best hotel financing solution, which is tailored specifically for your situation.

Hotel, Motel, and Resort financing requires the top notch skills of an experienced commercial loan officer who can bring out the best in the property, highlighting its value added services, and pointing the property toward the future. Our hotel financing specialists have the years of experience it takes to understand exactly what the proprietor expects in handling the financial well-being of his considerable investment.

The cost and availability of capital have an enormous affect on the hospitality industry, with far-reaching implications for property liquidity, values and new supply. Given the importance and recent shortage of financing to the industry you need our experience to find you the best hotel financing solution.

Whether you are developing or acquiring hotel properties, it is critical to consider the possibility that interest rates will be radically changing in the next 24 to 36 months. There are several strategies to help understand these issues when it comes time to consider construction, bridge, and mezzanine financing options. It is the same analysis used by institutional partners with pre-set investment time horizons and IRR preferred returns that compound before anything is ever seen.

In recent years, interest rates spreads have contracted to the narrowest margins in recent history, which means existing hotel and resort properties can be leveraged by as much as 90 percent of a property's value. Still, the time will come when permanent financing must be put in place - even if you replace current financing with another bridge loan, underwriting rules remain relatively constant. Hotel finance is highly complex which is why the utilization of Ocean Pacific Capital's hotel finance experts is key.

Ocean Pacific Capital can provide the best hotel financing for properties worldwide. Loan amounts on hotel loans can range from $500,000 to $1.3 billion. Fixed rates on hotel loans are also available as well as hotel loans with adjustable rates. Debt coverage ratios for hotel loans start at 1.10 and up.

HOTEL PROGRAM PARAMETERS

Loan Term: Loan maturities are normally ten years. Other maturities will be determined based on your specific case.

Loan Amortization: 25 and 30 year amortization

Debt Service Coverage Ratio (DSCR): DSCR of 1.35:1 dependant upon property type, physical condition, age, location and competitiveness of market position

Loan to Value Ratio: Up to 70% with Limited Service or up to 80% with Full Service of MAI appraised value conforming to FIRREA and USAO guidelines and up to 75% with limited service or up to 85% (full service) of loan to acquisition cost (if applicable).

Loan Escrows: The borrower will typically contribute monhtly to an excrow account for real estate taxes and property insurance. The borrower will usually also establish a monthly capital replacement escrow reserve equal to the greater of i. 4 % of gross revenues or II an amount to be determined by DBMC on the basis of an engineering report and DBMC's site inspection. These reserves may be waived or capped depending on your situation.

Please contact us to discuss how you can receive the best hotel financing today at 1-800-595-1474 or fill out a simple form with your project details and we will contact you right away.


Whatever your financing needs,
we will tailor a loan that's right for you.

 
 
 


Daily Oil & Gas and Wall Street Journal News
6/17/19

Oil Slips Amid Economic Warnings
Posted on Sunday June 16, 2019

Oil slips further into a bear market as American factories and homebuilders offer the latest signs of weakening demand.

OPEC+ Can't Agree on a Meeting Date
Posted on Sunday June 16, 2019

OPEC and its partners continue to struggle to set a date for their next meeting.

C&J Energy and Keane to Merge in $1.8B Deal
Posted on Sunday June 16, 2019

Two Houston-based oilfield services companies have agreed to merge in order to form a leading company with an expansive footprint in active U.S. basins.

Argentinean LNG May Enjoy Geographic Advantage
Posted on Sunday June 16, 2019

Argentina's southern hemisphere location could lure Asian LNG buyers.

US Drops Six Oil, Gas Rigs
Posted on Sunday June 16, 2019

The U.S. dropped one oil rig and five gas rigs for a net loss of six rigs for the week.

New Oil and Gas Discovery in Norwegian Sea
Posted on Sunday June 16, 2019

Equinor, along with its partners, makes an oil and gas discovery in the Norwegian Sea.

Inpex Reaches New Deal on $20B Abadi LNG Project
Posted on Sunday June 16, 2019

Japan's Inpex Corp. reached a new deal with Indonesia on the $20 billion Abadi liquefied natural gas project.

API Urges Trump to Renegotiate with China
Posted on Sunday June 16, 2019

The American Petroleum Institute has signed a letter urging Trump to get back to the negotiating table with China.

Oil Short-Selling Surges
Posted on Sunday June 16, 2019

Oil skeptics are gaining ground fast as the outlook for global demand worsens.

Brent Holds Gains as Saudis Seek Cut Deal
Posted on Sunday June 16, 2019

Brent crude held gains as Saudi Arabia expressed hope that OPEC and its allies will agree to extend production cuts into the second half.

Wall Street Journal
Commercial News

6/17/19


BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
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