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Capital Markets Loans |
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| Request a Quote Today! |
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| Provide some basic information
about the property and commercial financing you’re
seeking and we will provide a no cost no obligation
quote. |
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Security and privacy protected
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No social security number required
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No credit inquiry
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No cost or obligation
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| Why Choose Capital Assets,Inc |
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| Capital Assets,Inc's Capital Markets Conduit Lending Group has the
experience and capital markets relationships necessary to
properly structure your commercial real estate loan to ensure
successful execution at the lowest fixed rates and costs in the
market. |
- No point options
- No up-front fees
- No securitization fees
- No investment bank fees
- Low commitment deposits
- In-house processing
- Interest only payment option
- Non-recourse
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| Multifamily Loan for Life™ |
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| With fixed
interest rates up to 30 years, Capital Assets,Inc's
Multifamily Loan for Life eliminates interest rate risk
preserving the integrity of your investment. |
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Fixed rates up to 30 years
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No balloon payments
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No interest rate resets / adjustments
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Non-recourse
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Home >
Commercial Loan Center Refinance or Purchase |
CMBS Conduit Hotel Loan Program Overview
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| Capital Assets,Inc provides permanent fixed rate
hotel financing for the acquisition or refinancing of stabilized
hotel and motel properties, including flagged and non-flagged
designations, and full-service or limited service properties.
For flagged hotel properties with strong historical
performance and sponsorship, Capital Assets,Inc's conduit hotel loan
program offers market low fixed rates, starting at 150 BPS above
the comparable "on the run" Treasury rates, and high leverage up
to 75% LTV.
Hotel loans and motel loans under $2 million, learn more at
Capital Assets,Inc's small balance commercial mortgage program. |
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CMBS
Conduit Hotel Loan Program Guidelines
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Eligible Properties |
Flagged and
non-flagged hotel properties including
full-service and limited service properties. Property
should be in strong market sectors with strong
historical performance. Strong sponsorship and
management preferred. |
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Loan Size |
$2 million minimum with no maximum. |
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Pricing |
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Tiered pricing based on LTV
and DSCR.
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Flagged Hotel Properties: Spreads starting at 150
bps above the comparable "on
the run" Treasury rates.
75% Maximum LTV.
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Non-Flagged Hotel Properties: 180 above the comparable
"on the run" Treasury rates.
70% Maximum LTV.
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Locations |
Properties considered with locations in
mid to large market sectors and small market sectors
with strong sponsorship. |
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Programs |
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5, 7,
and 10 year fixed rate terms (balloon at end of
fixed term).
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25 and 30 year amortizations.
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Prepayment |
Defeasance or yield maintenance. |
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Personal Guarantee |
Non-recourse subject to standard
carveouts. Loans are assumable. |
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Minimum DSCR |
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Flagged
Hotel Properties: 1.40.
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Non-Flagged Hotel Properties: 1.50.
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Fees |
$15,500 - $30,500, due upon acceptance
of LOI. |
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Third Party Reports |
- Appraisal
- Phase One Environmental
- PCNA
- ALTA Land Survey
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Preliminary Submission Package for a
Conduit Apartment Loan |
Include the following in your request
for a conduit apartment loan quote:
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Property description and location map.
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Representative color photographs.
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Current rent roll and year-to-date operating statement.
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Operating history - prior 2 years, if available.
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Current year operating budget.
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Existing debt and cost basis.
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Sponsor resume.
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Conduit hotel loan program
underwriting guidelines are provided for
informational purposes only and do not
constitute, or should not be interpreted, to
be an offer to make a loan, a loan approval,
or any other language that implies that by
meeting these basic requirements Capital Assets,Inc
will provide borrower with a loan under
these terms. |
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Conduit
hotel
financing is
provided on
commercial
real estate
property
types
located in
the
Continental
United
States.
Rates, terms and general program guidelines are subject
to change. For more information on Capital Assets,Inc's CMBS
hotel loan program, please contact a loan specialist
today. Learn more about
Capital Assets,Inc's commercial mortgage loan programs. |
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