Hotels & Hospitality · First lien · Nationwide
Hotel hard money & bridge loans.
Flagged and independent hotels, select-service to full-service. We have owned and operated hotels, so we underwrite the operation — not only the appraisal.
Stokley Intelligence · Updated September 2026
Hotel Market Outlook 2026: RevPAR & Debt
A structured view of the developments shaping U.S. hotels—and the situations those developments may create for owners, lenders and investors.
Underwriting
What we look at first.
- Trailing twelve-month RevPAR, occupancy and ADR
- Franchise status, PIP obligations and brand relationship
- Management company and labor model
- Demand generators and the local supply pipeline
- Capital plan and remaining FF&E life
Situations
Where we're most useful.
- Property improvement plans (PIPs) a bank will not fund
- Maturities on hotels still recovering to prior performance
- Change of flag or conversion to independent
- Acquisitions from motivated or lender-driven sellers
Selling a hotel property? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
By state
Hotel loans by state.
State pages combine local economic context with how we approach hotel loans there.
Southwest
Northeast
Request loan terms
Hotel loan request.
Questions
Hotel loans, answered.
- Do you provide hotel hard money loans nationwide?
- Yes. Stokley Capital provides first-position, business-purpose hotel loans nationwide, subject to state requirements.
- What size hotel loans do you make?
- Typically $1M–$5M. Larger loans are considered.
- What do you look at first on a hotel loan?
- Trailing twelve-month RevPAR, occupancy and ADR; Franchise status, PIP obligations and brand relationship; Management company and labor model.
- Do you take second position?
- No. Every loan is a first lien on the property.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Have a hotel loan request?
Send the property, amount and deadline. A principal will respond directly.