RESCUE CAPITAL LENDING PROGRAM

In response to the COVID-19 pandemic, CHC Hotel Capital has launched a direct lending arm to help hotel owners maintain control of their assets, keep debt service current and cover operating losses from the severe market downturn until business recovers.

We understand the urgent need for liquidity during this time and have structured a solution to help owners by providing short-term, custom-structured loans to cover all debt service and operating deficits until the property and market return to positive cash flow.

$250,000 - $10,000,000

Loan Size

Cover all operating deficits and debt service shortfalls

Purpose

Limited and select service hospitality

Full service hospitality considered on a case-by-case basis

Property Type

Nationwide

Locations

12 - 15%

Interest Rate

< 70% on pre-COVID valuation

Loan to Value

5 years

Term

1.0%

Origination Fee

1.0%

Exit Fee

Mezzanine or Preferred Equity (with lender intercreditor)

Position

18 months minimum interest

Prepayment

Non-recourse, except for standard carve-outs

Recourse

CHC partner to be granted processing of all Sponsor-affiliated Hilton, Wyndham and Choice hotel assets

Credit Card Processing

For additional information and a full evaluation of your property

CONTACT US HERE

© 2017 Cronheim Hotel Capital. Proudly created by Fedup Digital.

  • LinkedIn Social Icon