Refinancing Hotels

Being in the business for more than 20 years Mr. Haysha Deitsch, a real estate developer from New York, founder of Beachwood Acquisitions, talks about the need for refinancing a hotel. He says that this happens in a few situations like:

  • When a newly built hotel wants to refinance its short-term loans for financing investment construction with a temporary short-term bridging loan or a permanent long-term loan
  • Refinancing of existing loans at more favorable terms (longer repayment period, lower interest rates, easier contract terms, etc.)
  • Refinance of existing loans with new, convertible loans or investment capital in order to reduce the possibility of delay in loan repayment and in order to increase the financial stability of the hotel

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