$30 Million

  • Refinanced first mortgage
  • Fixed, 5-year-rate less than 4%
  • Major Canadian city
     

$35 Million

  • Construction/take-out
  • Downtown; major city
  • Non-traditional hotel lender
  • 65% loan to cost

$8 Million

  • Construction/take-out
  • Interest only for 24 months
  • Branded hotel, secondary market

$13 Million

  • Refinancing 5-year-old hotel
  • 25-year amortization
  • Deal closed in less than 30 days

$7 Million

  • Acquisition financing - western Canada
  • 75% loan to value
  • Fixed, 5-year rate less than 3.5%

$45 Million

  • Take-out financing for 300-room hotel
  • Fixed, 5-year rate less than 4%
  • Major western Canadian market

$20 Million

  • Renovation, rebranding loan
  • 24-months interest-only
  • Limited guarantees
  • Secondary market

$12 Million

  • Refinancing of existing loan
  • Rate reduction of 25%
  • Branded hotel in western Canada