Insights
Insights & resources
Practical guides for borrowers, buyers and hotel owners.
How Lenders Size a Commercial Loan: LTV, DSCR and Debt Yield
Lenders apply several tests and lend the lowest result. Knowing which test limits your loan tells you where to negotiate.
Read →Evaluating the Total Cost of a Hotel Franchise Agreement
The initial fee is usually the smallest part of a brand relationship. Here is how to compare the full cost over your hold period.
Read →Recourse vs. Non-Recourse Commercial Real Estate Loans
What personal liability really means, what "bad boy" carve-outs are, and how to weigh liability against cost and flexibility.
Read →