Lender Spotlight: Life Company Hotel Financing Program
By Katie Vivian, Hotel Loan Originator
Largo represents a highly selective life insurance lender offering one of the most competitive permanent loan programs available in today’s hospitality market. Ideal for well-qualified hotel owners, this program delivers long-term stability with institutional execution.
Program Highlights:
- Loan Amount: $3 – $20 million
- Term: 5 – 30 years
- Amortization: 25 – 30 years
- LTV: Up to 55–60%
- Guarantee: Non-recourse
- Rate: Fixed-rate, locked at application
- Pricing: ~250–280 bps over corresponding UST
- Debt Yield: 14%+
Target Assets:
- Brands: Marriott, Hilton, IHG
- RevPAR Index: ≥100% preferred (market leader or strong comp set positioning)
- Physical Condition: Recently renovated or fully funded reserves
- Cash Flow: Must be stable and sustainable—not inflated by one-time events
- Stability: No major near-term disruptions (e.g., major PIP or new supply risk)
- Franchise: Prefer agreements that extend beyond loan maturity
Why Borrowers Choose This Lender:
- The balance sheet lender offers our exclusive hotel financing program, with no risk of re-trade.
- Loan is fully underwritten and approved upfront
- No ongoing loan covenants or cash management
- No reserves for T&I, FF&E, or operating shortfalls
- Largo services the loan for the life of the term — providing consistent, responsive, and reliable support every step of the way
This is a premium loan solution for best-in-class sponsors seeking predictability, low cost of capital, and lender stability through our hotel financing program.
If you have a hotel deal that fits, we’d love to connect.
