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
1/20/20

SNC-Lavalin Wins UAE Haliba Field Contract
Posted on Sunday January 19, 2020

Execs from the Al Dhafra joint venture commemorate first oil from the Haliba field in this ADNOC photo from July 2019. PHOTO SOURCE: ADNOC

OPEC, IEA or EIA Completely Wrong in 2020 Oil Market Analysis
Posted on Sunday January 19, 2020

Somebody big has got their analysis of the 2020 oil market flat wrong.

Libya Oil Production Plunges
Posted on Sunday January 19, 2020

Libya's eastern warlord kept virtually all of the nation's oil fields shut in a show of defiance after world leaders failed to persuade him to sign a peace deal.

Panhandle Appoints New CEO
Posted on Sunday January 19, 2020

Panhandle Oil and Gas Inc. has revealed that Chad L. Stephens has been approved as the new chief executive officer of the company.

Global Exploration Poised for Upswing
Posted on Sunday January 19, 2020

Global exploration is poised for an upswing as operators flock to licensing rounds, according to Rystad Energy.

Snake Oil Goes Mainstream
Posted on Sunday January 19, 2020

An obscure part of the global marine-fuel market, once viewed as having little value for most shippers, is about to have its day.

Oil Up After Unrest Hits Key OPEC Producers
Posted on Sunday January 19, 2020

Oil jumped back above $65 a barrel as supply disruptions in Iraq and Libya reignited concerns over the market's vulnerability to geopolitical risk in key production regions.

Oil Prices Nearly Flat for the Week
Posted on Thursday January 16, 2020

WTI and Brent crude oil futures posted small gains Friday but are down slightly for the week.

McDermott Hits Freeport LNG Milestone
Posted on Thursday January 16, 2020

Train 2 at Freeport LNG has begun commercial operations, engineering and construction contractor McDermott reported Friday.

US Adds 15 Oil, Gas Rigs
Posted on Thursday January 16, 2020

The U.S. rig count increased for the first time this year as the nation added 14 oil rigs and one gas rig.

Wall Street Journal
Commercial News

1/20/20

WSJ.com: US Business

Hospitals Give Tech Giants Access to Detailed Medical Records
It isn?t only Google that can tap into patients? digital health records: Microsoft and IBM also have signed agreements with major hospital systems giving them the ability to access patients? identifiable data.

Google Pushes 'Sensible' Ideas for How to Regulate AI
Silicon Valley executives and lobbyists like to say they embrace regulation. Now they?re launching a frenzy of lobbying on what they want that regulation to be?and Europe is set to be one of the first battlegrounds.

Sears Woes Hit Hometown Stores
Since Eddie Lampert acquired the chain, store owners have struggled to get products and compete with lower prices from sears.com, causing some to consider leaving their contracts.

Americans Show Scant Interest in Electric Vehicles, Subaru CEO Says
The CEO of Subaru expressed frustration over trying to navigate between environmental regulations that seek to expand use of electric vehicles and the lack of real consumer demand for them.

China Tries to Stem the Flow of Its Plastic Waste
China is cracking down on the plastic waste that stems from food-delivery containers as well as packaging for e-commerce. Waste from parcels was responsible for 93% of 2018?s growth in trash in China?s largest cities, one study found.

IMF Predicts Global Economy Will Rebound in 2020
The IMF expects global gross domestic product will expand by 3.3% in 2020, up from 2.9% in 2019.

Foreign Investment Falls to Near-Decade Low as Globalization Slows
New overseas investment by businesses around the world fell for the fourth-straight year in 2019 to its lowest level in almost a decade, pointing to a slowdown in globalization as the world-wide economy cooled.

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