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“Bridge-to-permanent refinance is the structurally-planned exit from short-term bridge financing into long-term permanent debt at property stabilization. Stabilization confirmation drives the refi underwriting; permanent product selection depends on property type (agency for multifamily, conventional bank for non-multifamily, SBA 504 for owner-occupied, life co for trophy). Start 6+ months before bridge maturity. Submit Your Deal for Review AVANA Capital’s bridge program backed by an Oaktree Capital joint venture provides internal perm refi execution — SBA 504 refi, conventional refi, or referral to agency / life co — eliminating lender-shopping friction at stabilization. For a bridge-to-perm strategy review or competitive perm refi quote, submit your deal for review — or explore AVANA’s bridge loan program directly.”

“Hotel bridge loans serve four hospitality-specific use cases: acquisition + PIP renovation (most common), brand-flag conversion, distressed rescue, post-construction stabilization. Structural features include 65–70% LTC (vs. 75% multifamily), 50–150 bps rate premium over multifamily bridge, 24-month term minimum, brand-flag coordination, and sponsor hospitality experience underwriting. AVANA Capital’s hospitality bridge depth — the Oaktree-backed institutional capital, the AVANA-IHG construction partnership, and the integrated SBA 504 perm refi execution — creates a purpose-built solution for owner-operator hotel acquisitions: institutional-rate bridge, hospitality-specialist underwriting, and a single lender relationship across the full construction → bridge → SBA 504 lifecycle. Submit Your Deal for Review For a competitive hotel bridge quote with single-business-day term-sheet turnaround on most files, submit your deal for review — or explore AVANA’s hospitality financing program and bridge loans directly.”

“Standard timeline from bridge origination through perm refi closing: Month Activity 0 Bridge loan closes; acquisition + initial value-add work begins 1–12 Renovation / lease-up / value-add execution per business plan 12–15 Stabilization achieved (target occupancy + NOI per pro forma) 15–18 Start permanent refi process — engage perm lender, order appraisal, gather docs 18–24 Perm refi closes; bridge is paid off Borrowers should start the perm refi process at least 6 months before bridge maturity to avoid last-minute pressure. Bridge lenders sometimes offer extension fees ($25–50K typical) for 6–12 month extensions, but those are expensive insurance against execution risk.”

“Not all hard money lenders fund every property type. Understanding which asset classes are commonly financed, and which lenders specialize where, is critical when selecting a partner for your deal.”

“Acquisition & Partner Buyouts Refinance Construction”

“Acquisition Refinance Financing available for acquisition, refinancing, or repositioning toward stabilization”

“Construction Financing available for hospitality construction projects”

“Versatile use. Ideal for acquisitions, refinancing, or construction”

“Versatile use. Ideal for acquisitions, refinancing, or construction”

“Most hard money lenders commercial real estate borrowers work with require a minimum credit score of approximately 650 , though some lenders offer programs for borrowers in the 600 to 649 range at higher rates. Unlike conventional banks that typically require 680 to 700+, hard money lenders place greater emphasis on the property’s value and the borrower’s equity contribution than on credit history alone.”

“Commercial bridge loans provide short‑term, often interest‑only financing to acquire, refinance, or reposition property while you secure a permanent take‑out loan. Close fast and keep projects on track”

“A construction loan provides short-term financing to fund the cost of building, renovating, or expanding commercial properties. Funds are released in stages as construction milestones are met, keeping your project on track. Our programs serve developers, business owners and real estate investors”

“A hard money lender is a non-bank financing source that provides short-term loans secured primarily by the value of commercial real estate rather than the borrower’s creditworthiness. These lenders, typically private companies or investor groups, prioritize the underlying asset’s value and the deal’s viability, enabling faster approvals and closings than conventional bank financing. Hard money loans generally carry higher interest rates and shorter terms in exchange for speed and flexibility.”

“Hard money lenders are organized companies with standardized loan programs, institutional capital sources, and consistent underwriting processes. Private money lenders are individuals or small groups lending personal capital, with terms negotiated on a deal-by-deal basis. Hard money offers more predictability and reliability, while private money may offer greater flexibility but with less consistency.”

“In May 2026: AVANA-Oaktree institutional hotel bridge 8.5–10.0%, bank hospitality bridge 9.0–10.5%, private debt fund 10.0–12.0%, hard money 11.0–14.0%. Plus 1–3 origination points and 0.5–1 exit point typical. The 50–150 bps premium over multifamily bridge reflects hospitality-specific underwriting risk. Rates reflect May 2026 market conditions — confirm current pricing at submission.”

“The AVANA–IHG Co-Lending Program provides tailored financing for IHG-branded hotel construction, with loan amounts from $5MM to $30MM, terms up to 3 years plus extensions, and rates starting around 1-Month SOFR + 4.00% (floor of 8.00%). Loans are typically interest-only, secured by a first mortgage, and limited to the lesser of 75% of as-is value or 70% of as-stabilized value. Still have questions? Contact us”

“We prioritize experienced sponsors, who meet the following criteria: Strong commercial real estate collateral with sufficient equity. Proven experience (5 + years in the industry). A clear exit strategy — such as refinance, sale, or stabilization. A guarantor with a 680 + FICO credit score.”

“Typical loans range from $5M–$30M, with leverage up to ~70–75% of cost or value, and up to 3-year terms (often interest-only with extension options). Rates are floating over SOFR, sized to risk, asset type, and sponsor strength.”

“Typical bridge loans are $5M–$30M, up to ~70–75% leverage, up to 3 years (often interest-only) with extension options. Rates float over SOFR and reflect asset business plan, market, and sponsor quality.”

“AVANA-Oaktree institutional bridge typically requires 680+ FICO. Banks typically require 700+. Private debt funds accept 660+. Hard money hotel bridge accepts 620+. Operating experience matters more than credit on hotel bridge — sponsors with 3+ prior hotel closings + currently operating properties qualify on better terms regardless of credit position.”

“Most permanent CRE lenders require 680+ FICO on principal sponsors. Agency multifamily prefers 720+ but weighs property NOI as the primary basis. The credit threshold is the same as on acquisition CRE financing — the differentiator on perm refi is the property’s stabilization performance, not the borrower’s credit.”

“A bridge loan (also called interim financing) is short- to intermediate-term funding that helps close the gap between an immediate need and a long-term solution. Bridge is best when you need speed or flexibility for acquiring or refinancing a property ahead of stabilization, executing a value-add plan, or buying time to arrange permanent debt.”

“Bridge-to-permanent refinancing is the planned exit from a commercial bridge loan into long-term permanent debt at property stabilization. Bridge loans are short-term (12–24 months) and high-rate (8–12%); the perm refi captures the lower rates and longer terms of permanent CRE financing (5–8% rates, 10–30 year terms). Bridge-to-perm refi is built into the bridge business plan from origination.”

“Our construction loan program is specifically designed for franchised hotel projects under IHG-branded flags, including Holiday Inn, Holiday Inn Express, EVEN Hotels, Avid Hotels, and Atwell Suites. Eligible projects include ground-up builds, expansions, and major renovations. All projects must have a clear business plan, a vetted construction budget, and a defined path to stabilization. If you’re unsure whether your brand or project type qualifies, contact our team directly.”

“Three exit paths: SBA 504 Debt Refinance (for owner-operator hotels — blended rate ~6.6%, 25-year fixed CDC piece, 15% equity for special-use), conventional hotel CtP (7.5–9% rate, 65–70% LTV permanent), or hotel CMBS (non-recourse, $20M+ deals). Owner-operator hotels typically exit into SBA 504; investor-owned hotels into conventional or CMBS.”