Construction LOANS
New construction loans are currently available for franchised hotels in the $3 million – $30 million range with credit enhancements from the franchisor and/or Municipality. These loans are generally short term loans, 3 to 5 year terms with the first two years being interest only. After the term expires, owners typically refinance and obtain traditional financing at a lower rate and a 25 year amortization.
Construction Loans
We believe we will be able to establish a market-leadership position given the outstanding quality of our location, brand and management team. One Rose Group immediately recognized the project’s strength and helped us structure a viable transaction.
Program
Amount
$3 million to $30 million
Rate
5.5% interim
Amortization
N/A
Purpose
Acquisition, Recapitalization, PIP/ Renovation, CMBS Loan Assumption, and Partner Buyout (other scenarios considered)
Loan To Value
up to 75%
Loan To Cost
N/A
Loan Term
N/A
Loan Fee
Flat fee - call us
Guarantees
N/A
One Rose Group understands how to put a Construction Loan Package together to make obtaining an Approval of your loan request a much easier process. Our Bank Business Partners are ready to fund Construction Loans originated by One Rose Group.