+1 (813) 327-5100

Services We Offer

Our nationwide network of lenders has the expertise and the capacity to quickly fund any type of hotel capital project.  We Arrange Financing For:

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New Hotel Development & Construction

Want to build a new franchise prototype hotel from the ground-up? We can arrange financing for that.

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Debt Refinancing

If your hotel mortgage loan is maturing or if you feel your interest rate is too high, then it is time to refinance. Additionally, many owners refinance their hotel(s) after several years of paying down debt to harvest their equity (and get their “cash out”) by increasing the loan-to-value ratio (amount of leverage) of the refinancing loan, so they can purchase or develop more hotels.

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Acquisition of a Hotel

Want to expand your company's footprint by buying another hotel that has existing in-place cash flow and then renovating it for a brand conversion? We can assist you with this by providing either bridge or permanent financing, based on the circumstances.

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Bridge financing

We arrange short-term financing (2-3 years) for hotel acquisitions, construction projects, and construction loan takeouts. Bridge loans allow investors the ability to purchase a hotel and then reposition it by undergoing PIP renovations and/or brand conversions with potentially a change in management prior to stabilization and becoming financially attractive in order to secure permanent financing

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Mezzanine Financing

We can provide a type of subordinate debt financing that is available to fill in a gap between senior debt and equity without giving up any ownership interest. Financial Restructuring--We know how to obtain Debtor-in-Possession (DIP) financing for hotels going through a Chapter 11 Reorganization Bankruptcy.

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Note Purchase

Want to become a hotel mortgage holder and be paid mortgage payments each month? We provide financing for investors to buy distressed, non-performing, and performing hotel loans, sometimes at a substantial discount.

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Bridge financing

We arrange short-term financing (2-3 years) for hotel acquisitions, construction projects, and construction loan takeouts. Bridge loans allow investors the ability to purchase a hotel and then reposition it by undergoing PIP renovations and/or brand conversions with potentially a change in management prior to stabilization and becoming financially attractive in order to secure permanent financing

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Mezzanine Financing

We can provide a type of subordinate debt financing that is available to fill in a gap between senior debt and equity without giving up any ownership interest. Financial Restructuring--We know how to obtain Debtor-in-Possession (DIP) financing for hotels going through a Chapter 11 Reorganization Bankruptcy.

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Acquisition of a Hotel

Want to expand your company's footprint by buying another hotel that has existing in-place cash flow and then renovating it for a brand conversion? We can assist you with this by providing either bridge or permanent financing, based on the circumstances.

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Construction Project Management & Representation Services

Want to become a hotel mortgage holder and be paid mortgage payments each month? We provide financing for investors to buy distressed, non-performing, and performing hotel loans, sometimes at a substantial discount.

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Refinancing a single hotel or a portfolio of hotels with long term permanent financing

If your mortgage is maturing, then it is time to refinance. Additionally, many owners refinance their hotel(s) after several years of paying down debt to harvest their equity (and get their "cash out") by increasing the loan-to-value ratio of the refinancing loan, so they can purchase or develop more hotels. We can arrange this for you.

How we work

We at Spirides Hospitality Finance Company have close relationships with dozens of hospitality industry lenders who offer an assortment of financing programs at very competitive rates.  The terms that are quoted by our lenders are determined by many factors.  We are able to obtain for our clients the best financing terms available today subject to these factors which include the borrower, the location, the franchise flag, and property characteristics and financial projections to list just a few.

We know that every deal is unique.  With every transaction opportunity that comes across our desk we at Spirides Hospitality Finance Company take the time and make the effort to understand each client’s unique needs and objectives and to research, analyze, and understand each subject hotel to ensure that a capital structure is created that is adequately serviceable and is in accordance with the client’s strategic goals and objectives.

We review each of our client’s requirements for funding, and then we identify which capital sources are most likely to fund their proposed project and hold discussions with each of them to obtain the lowest rates and fees and most favorable terms and conditions possible for our customers.  We stay involved in every step of the process up until the transaction is successfully closed and the funds are disbursed.  We do everything in our power to facilitate and expedite the closing process with each customer’s new source or sources of capital.  

We charge no upfront fees, and no fee is due and payable to our company unless the financing that we arrange is accepted by our customer and the transaction is successfully closed.  Many times the lenders will pay our fee so our customers do not have to.

What are some notable benefits of the loans that we arrange?

• Ability to refinance your existing debt and even fund an expansion (through an acquisition or construction project) in one transaction  

• If you ever decide to sell your hotel, many times your mortgage can be assumed by the buyer

• Most closing costs and loan fees and expenses can be financed into the loan

• Up to 90% Loan-to-Value (LTV) financing (10% owner’s equity contribution)

• Fully amortizing loan over the entire term of the loan in many cases

• Short term long (up to 2-3 years)

• Long term loan (5 to 30 years)

• Fixed or variable interest rate   

Other Services We Provide

Hotel Construction Project Management & Owner Representation Services

Hotel construction projects are very complicated.  Cost overruns, budget errors, design flaws, schedule delays, change orders, and contractor miscommunication can turn your hotel development dream into a nightmare.  To prevent these things from happening to you we know the most respected hotel construction project management & owner representation company in the business and would be happy to make an introduction.  Just ask.

Hotel Management Services

Let the pros operate your hotel for you and handle the sometimes stressful details and worries while you go and enjoy your life.  We know the most respected and experienced hotel management companies in the business and would be happy to make an introduction.  Just ask.

Visit our Contact Us page now to schedule a free telephone consultation on any hotel financing project you are considering.

*All applications for financing are contingent upon the successful underwriting of the capital source(s) which examines among other things the credit quality, financial strength, and industry experience of the borrower and all guarantors of the loan as well as the financial, operational, and market feasibility of the contemplated project.