Issuu on Google+

Hotel Lending Program Terrace Capital is a full service Real Estate Investment Bank offering a full range of commercial mortgages on income-producing hotel properties. Lending activities are focused on flagged hospitality properties in the continental United States. Program Highlights:      

Limited/ Select Service/ Full Service/ Extended Stay facilities. Loan amounts $3MM and up. Fixed rate periods from 5 – 15 yrs. Amortization periods up to 30 yrs. Non- recourse Assumable

Qualifying Parameters:     

Loan to Values up to 75% for acquisitions/ 70% refinance Minimum DSCR of 1.35x. Minimum occupancy of 40%. Fee simple properties only. Strong operating experience required. Contact Information: Ms. Angela Wang Email: awang@terracecapital.com P: 212-671-1034 F: 212-993-6015

All loans are subject to credit and property approval. Program rates and terms are subject to change without notice. Other restrictions may apply; contact your relationship manager for further qualifications. 65 Broadway | 7th Floor | New York, NY 10006 www.terracecapital.com


Tc hotel lending program