RAD Commercial Realty's hotel debt and equity advisory team places more than $300M annually across SBA, CMBS, bridge, and equity capital sources. We work directly with hotel sponsors to structure the right capital stack for acquisition, refinance, construction, PIP, and recapitalization scenarios.
Loan Programs We Place
SBA 7(a) Hotel Loans — up to $5M, 25-year amortization, ideal for owner-operator hotel acquisitions and PIP funding
CMBS Hotel Loans — non-recourse, 10-year fixed, $10M+ for stabilized flagged hotels
Hotel Bridge Loans — 12-36 month floating-rate debt for transitional, value-add, or distressed assets
Hotel Mezzanine Financing — gap capital between senior debt and equity, typical 75-85% LTC stack
PIP & Construction Loans — brand renovation funding and ground-up hotel construction
Hotel Loan Assumptions — assumable CMBS and life-co debt analysis and broker negotiation
April 2026 Indicative Pricing
Current hotel financing benchmarks: 10-Year Treasury hovering near 4.4%, CMBS hotel loans pricing T+275-350 bps for stabilized flagged assets, hotel bridge loans at SOFR+450-650 bps, SBA 7(a) at Prime+2.50-2.75%. Hotel cap rates range from 7.5% (full-service flagged in primary markets) to 10%+ (select-service in tertiary markets).