Hotel / Motel

» Hard Money Loans

Avatar Financial Group funds hotel, motel and other hospitality property purchases and refinances. We work with brokers and directly with borrowers. We offer two types of loans for hotels, motels and other hospitality properties:

  • Hard Money Bridge Loans on Flagged and Non-Flagged.
  • Fully amortizing Conventional Commercial Loans on Flagged only.

Hard Money Loans for the following hospitality types. If you don’t see your specific property type, send an email to loans@avatarfinancial.com to confirm that we can work it.

  • Hotels – flagged
  • Hotels – un-flagged with solid financials
  • Motels – flagged
  • Motels – un-flagged with solid financials
  • Resorts
  • Entertainment Centers
  • Spas
  • Other income producing hospitality properties
  • New construction (newly completed or at least 80% completed hotels, motels, and other hospitality properties)

If you are seeking a hotel or motel loan for the purchase of a property, you will want to provide us basic info about the property and the purchase agreement. For the fastest response, use our 2-minute loan scenario form. Take note of the loan ID number that is generated when you complete the form. Put that loan ID in the left corner of the subject line when you email us any supporting documents, such as photos, financials, appraisals, etc. This will help to speed your response time.

Be prepared to tell us:

  • Location of the property – city and state
  • The purchase price
  • Estimated date of closing
  • The estimated current fair market value of the property
  • The reason you are seeking hard money rather than a conventional loan
  • % of occupancy
  • Gross Income (per annum)
  • Expenses (per annum)

Be prepared to send us color photos – inside and out – of the property as well. If you have an appraisal for the property, you can speed the review process by sending that to us.

Hotel / Motel - Apply for a Hard Money Loan