Hospitality
We look at all hospitality properties including hotel properties across Ontario from flagged to small boutique hotels as well as mixed use. We will consider debt service typically from 1.40 times and up for both construction and term financing. Equity requirements are flexible based on the credit parameters of the specific transaction.
-
Our loan amounts typically up to 75% Loan to Value and 70% Loan to Cost
-
Permanent Term 1 to 10 years and Construction Terms up to 3 years
-
Amortization 15 to 25 years