Terrace Capital offers hospitality real estate loans and structured finance solutions for a variety of circumstances, with loan amounts as low as $3MM. TC advises clients on a wide range of capital structures available to ensure the most favorable financial solution is achieved. Terrace Capital’s approach consists of a clear identification of the client’s requirements and possible structures, resulting in an optimal financial solution.
$3MM and up
Available: Up to 12 Months, subject to asset quality
5- 15 years
Limited Service, Full Service, Select Service and Extended Stay.
First Mortgage/ Deed of trust
Up to 75% of appraised value
Minimum of 1.35x
Yield Maintenance or Defeasance
Non-recourse, subject to standard carve-outs