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Commercial Post Detail
55 Million Refinance Hotel/condo 1/3/2019 7:23:13 AM  Broker Location: FL/33189 Commercial/FL/33019
PostID: 41803     Status: Open  
Loan Info:  
Amount $55,000,000 
Appraised Value $99,000,000 
LTV 45% 
DSCR  
Loan Term  
Loan Amortization  
Product Type  
Property Type Hospitality (motel/hotel) 
Purpose Refi: Rate & Term 
Doc Type Full Doc 
Borrower FICO 700 
Borrower DTI 28 
Keywords: Hotel Condo
General Notes: The lender will have the first position on what the developer owns which are the following: Total valuation today is around $97 million 38 residential units (220 others already sold) - Valued based on sales history $29 million 9 commercial units (6 others already sold) - Valued based on sales history $18.7 million Shared facilities - Valued AS-IS $49 million (according to recent attached appraisal) Parking Garage 220 unit hotel operations (managed by Evolution Hospitality)
 Replies: 3 
Name: Ralph Abbott Phone: 614-484-7060 1/3/2019 11:01:58 AM
Company: Prospera Advisory Group Email: rabbott@prosperag.com  
Unfortunately, this deal does not fit our box. Send me your contact information and I will send you our loan programs.
 
Name: Evan Jacobs Phone: 201-254-2555 Ext 2563 1/3/2019 1:17:09 PM
Company: Silver Arch Capital Partners LLC Email: evan@silverarchcp.com Display Advertiser: page 11
We are interested. Please contact me at your convenience to discuss.
 
Name: Darin Young Phone: 888-950-9339 1/3/2019 10:50:24 PM
Company: Popular Commercial Lending Group Email: dyoung@popularcommercial.com  
We are active in the condotel market please forward a package thanks
 
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