Hotel Financing , Acquisition, Ground Up Construction ,rehab, CapX FF&E Nationwide . Quick Closings, Superior Service, Great Rates

Hotel Financing , Acquisition, Ground Up Construction ,rehab, CapX FF&E Nationwide . Quick Closings, Superior Service, Great Rates

We know times are tough with some lenders, projects have been put on hold...We have capital to fund all kinds of loans...We are looking for all types: We have Acquisition , Refinance, Construction , all USA states...We are very good at loans that take down properties, short-term, buying out partners, construction, rehab, acquisition, refinance, small, mid-size and large . We like Multifamily , Student housing, Hotels, Industrial, Office, retail, Mixed, Storage, Resorts etc.

We work well with Owners, Investors, Sponsors, Developers, Referrers , Commercial Brokers, Lawyers, Accountants, Financial Planners, Lenders, Real Estate Agents, Etc.

We also have Mezz, Preferred Equity, Equity, for all kinds of gap funding.

Brokers are always Welcome.

We are active in the note purchasing market.

We do structured finance Ground Lease Capital, Deferred Developer Fee, Pace Financing Historic Rehabilitation Tax Credit, New Markets Tax Credit, Renewable Energy, Low-Income Housing Tax Credit.

About Edward Voccola, LLM is a Graduate of Boston University Law School, LLM, Suffolk University Law School, JD, Temple University School of Business, MBA and University of Maryland, BS , Major in Econom

Looking for USA Project Funding, Debt and Equity for Real Estate -Large and Small -Construction, Acquisition and Development-Bridge & Long

Edward Voccola & Co. LLC is a Boston -New York City-based real estate Funding firm focused on debt and equity investment strategies. Founded in 2001, EVO focuses on multifamily, retail, office, industrial and hotel sectors. The firm primarily serves client funding needs in the United States, Canada, Latin America, UK , EU countries, Caribbean island utilizing a global investor base consisting of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, fund of funds, family offices, and high net worth individuals. EVO is across all real estate investment, development, and property management disciplines. Debt strategies include construction and acquisition lending, special situation financing and debt acquisitions; equity real estate strategies include opportunistic and value-add investments business funding as well as ground-up development. Among other industry recognitions, EVO has been named to the Top 10 Commercial Real Estate Funders prestigious “Top 10” list of Nationwide real estate players and is consistently cited as one of the industry’s top construction , acquisition , and development funders.

For Further Information , please contact Edward Voccola, LLM at 617-233-5555 or 646-342-4963, or EMAIL [email protected], [email protected], www.EdwardVoccolaLLC.com

If you are looking to buy an existing hotel property, to build a new ground-up, to refinance a maturing loan for better terms, or to fund a renovation, we provide hotel financing to owners and developers for full service hotels for?every major chain (in addition to boutique and independent hotels). We offer immediate access to industry experts who can get your loan closed quickly.

Edward Voccola & Co. LLC has long-lasting lending relationships with its network of correspondent hotel lenders that is comprised of life insurance companies, banks, agencies, and conduits. Our lenders provide us limitless capital sources using debt & equity that enables us to provide our clients with a broad range of highly competitive hospitality financing options and loan products.

  • Loan amount up to $500 million
  • High loan-to-cost (up to 75%)?which include hard & soft costs, FF&E, ‘PIPs’, and closing costs
  • Interest Rates as low as 4%
  • Franchised hotels or upscale independent/boutique properties
  • Non-Recourse, limited-full performance based burn off
  • Experts who can get your hotel loan closed in a simple, efficient, and quick manner

New construction loans are currently available for franchisor and/or municipality. These loans are generally short term (3-5 years)?with the first two years interest only. After the term expires, owners typically refinance and obtain traditional financing at a lower rate and 25 year amortization.

Capex Financing

Edward Voccola & Co. LLC is able to thoroughly structure a capex loan to meet the franchise’s specific needs and the requirements of their senior mortgage through several loan and lease options.

Capex financing can provide up to 20% of the total project costs for a new construction project. This allows the developer to more easily secure construction financing as this lowers the overall risk to a potential construction lender.

We provide Capex/FF&E financing for:

  • Hotel Renovations
  • Property Improvement Plans (‘PIPs’)
  • Brand Conversions
  • Furniture, Fixture, and Equipment (FF&E) carve out for new construction

These loans typically range from $200,000 to $10 million and are amortized over the useful life of the improvements (usually 3-10 years). We can close a loan in two days.

SBA Hotel Loans – Refinance, Purchase, Construction, and Renovation

  • Construction financing is available for qualified borowers, especially in area with a growing economy
  • The 7A and 504 programs can accommodate loans up to $15 million
  • Independent hotels & motels are financeable
  • Flagged properties are slightly easier to finance in the current market, but there are options for independents
  • 15% down is possible for experienced hotel owners, otherwise 20% is the norm
  • PIPs and renovations are eligible to be financed
  • FF&E can be financed

Bridge and Hard Money Financing

We offer hospitality bridge and hard money financing on a short term basis up to $10 million or 70% of stabilized value for:

  • Acquisition
  • Construction
  • Refinance
  • Rehab
  • Discounted Purchase Options (DPO)
  • Note Purchase

These loans can be closed in as little as two weeks, allowing a buyer to quickly acquire, renovate, and stabilize the property until permanent financing can be sourced. Whether it’s buying properties or financing current debt, a hotel owner can be confident in Edward Voccola & Co. LLC’s ability to move expeditiously, enabling them to close quickly on the transaction and have the capital necessary to complete the renovation on a brand conversion.

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