$5,000,000
Hotel Loan Structure
Closing Date
June 2026
Type of Lender
Credit Union
Maximum Stipulated As-Is LTV
80%
Minimum Stipulated As-Is DSCR
1.25x
Term
5 Years
Prepayment Penalties
None
Interest Rate
5.85% fixed
Origination Fee
0.50%
Narrative
Skylatus Property Capital arranged fixed-rate hotel financing at 5.85% with no prepayment penalty for a hotel in Louisiana.
The transaction also closed with:
No lender legal fees
No new Phase I
No new survey
No property condition report
One of the most notable aspects of the transaction was the capital source; an off-the-radar lender completing its first hotel loan in more than five years.
This closing reflects the value of reaching beyond the most visible lenders and identifying capital sources that fit the specific needs of the transaction.
Skylatus Property Capital raises debt and equity capital for hotel and multifamily owners, operators, and developers nationwide.
Congratulations to our client and everyone involved in the closing.
Better Terms. Greater Certainty. Faster Closings.
