Special Commercial

Hospitality financing and valuation takes into consideration unique characteristics such as RevPAR (revenue per average room), ADR (average daily rate), income from other sources like food and beverage, banquet and convention facilities and more. Also considered are franchises and seasonality.

Residential heath care facilities include independent living, assisted living, and nursing homes. Lenders will consider the quality, reputation, management experience, quality of care, government reimbursement programs and level of care provided.

Religious organizations may be nonprofit, corporate entities. Loans to religious organizations are generally for acquisition, construction, or expansion of facilities.

Underwriting a loan involves assessing the trend, level, and stability of income and expenses and determining the cash flow available for debt service.

Medical office buildings have different requirements which may include additional plumbing and wiring to accommodate examination room fixtures and equipment. Costs for construction and tenant improvements are higher than conventional office buildings. These buildings may be located near other medical service providers, such as hospitals, and may feature pharmacies and lab facilities.

*For commercial or business use only.