Written & reviewed by Stephen A. Sobin, President of Select Commercial Funding LLC
Hospitality
Motel Loans
Select Commercial arranges motel financing for independent and franchised properties, purchase, refinance and cash-out. Motels are financed as hospitality assets, underwritten to the property’s revenue, occupancy and operating history, from $1,500,000.
Get a Free QuoteFinancing Motels and Independent Lodging
Motels are cash-flow businesses as much as real estate, so lenders underwrite occupancy, average daily rate and net operating income alongside the physical property. Franchised and well-located independent motels with a solid operating history earn the best terms. We match each deal to bank, SBA (for owner-operators), CMBS or bridge capital depending on the property and business plan.
Financing Options in Commercial
Commercial apartment, multifamily and commercial properties each have dedicated financing. Pick the page that matches your property:
Financing in another state? Explore our apartment loans, multifamily loans and commercial mortgages nationwide.
What Our Clients Say
“As a real estate attorney, I trust that Select Commercial will deliver commercial mortgages in a timely manner. My clients are always handled professionally, and the rates and terms are excellent. I heartily recommend them.”
David S. · New York City“I needed an SBA loan and found Select Commercial. It was obvious Stephen knew everything about commercial loans. If you are starting a small business, definitely give them a call.”
Larry S. · Washington, DC“Select Commercial was very helpful with my commercial mortgage. I needed to increase cash flow due to maintenance on my property. Stephen went over several options and got me the funds while lowering my payments.”
Gary M. · Portland, OR“Select Commercial offered 100% financing for my medical practice when my bank would have required 20% down. They delivered something my bank could not, and handled everything professionally.”
John C. · Boston, MAGet a Free Quote
No cost, no obligation. Written answers within 48 hours on loans from $1,500,000.
- No application or processing fees
- Written answers within 48 hours
- For 5+ unit and commercial properties, $1.5M and up