Hotel Financing, Hospitality Financing, Hotel Loans From Arlington Richfield

J.P. Morgan Chase & Co. and Wells Fargo & Co. are seeking to increase financing for hotels as lenders recover more money from loans backed by lodging than from debt secured by other types of commercial real estate.

Hotel Financing, Hospitality Financing, Hotel Loans From Arlington Richfield

(Bloomberg) - J.P. Morgan Chase & Co. and Wells Fargo & Co. are seeking to increase financing for hotels as lenders recover more money from loans backed by lodging than from debt secured by other types of commercial real estate.

Lenders' losses on non-performing hotel loans were about 53% this year through September, compared with 63% for retail property loans, 62% for industrial, 61% for multifamily and 57% for office, according to data from Trepp, a New York-based mortgage-information provider. The figures exclude loans with losses of 2% or less.

A recovery in the lodging industry helped delinquencies on U.S. commercial mortgage-backed securities drop for the first time in almost three years last month, Fitch Ratings said in a Nov. 5 note. The revival is lifting hotel property values and enticing lenders to rework existing loans and seek out new ones.

Arlington Richfield is well known for their expertise in Hotel, Resort and Hospitality financing nation wide. With a decade of experience in commercial financing. Arlington Richfield is one of the fastest growing and respected private capital firms in the country with over One Billion annually in processed commercial loan transactions; they listen and are there to help.

You can contact them at 248-246-2240

Arlington Richfield is committed to meeting your hotel, resort and hospitality commercial real estate lending needs by funding commercial loans quickly, with competitive commercial mortgage rates on investment real estate for permanent loans, construction loans and bridge loans on income producing and owner occupied commercial real estate properties.

They take pride in their business relationships offering a broad array of commercial real estate development solutions for the following asset types.

Ski Resorts
Golf Courses
Destination Resorts
Flagged Hotels
Non Flagged Hotels
Motels
Condominium Hotels
Hospitality Venues

Arlington Richfield provides quality professional services. Their practice encompasses the ensuing areas for complex financial transactions.

Debtor in Possession Financing
The Purchase of Debt, Judgments and Liens
Medical Account Receivables Factoring
Acquisition of Distressed Commercial Real Estate
Management of Multifamily and Office Assets
Financing for All Types of Commercial Real Estate Nation Wide

They have a minimum loan amount of $1,500,000 with no maximum. Their average transaction size is $25,000,000.

You can contact them at 248-246-2240

Arlington Richfield’s Website: http://www.arlingtonrichfield.com