Largo Hospitality Finance Group
Largo offers high leverage loans through its CMBS relationships, and more conventional financing options through its life insurance relationships.
Since its inception, Largo has financed over $1 billion in hotel assets throughout the U.S. and Canada, through its network of lenders.
We provide hotel financing to owners and developers for limited, select, and full service hotels for every major chain, in addition to boutique and independent hotels.
Largo has long-lasting lending relationships with its network of correspondent hotel lenders that is comprised of life insurance companies, banks, agencies and conduits. Our hotel lenders provide Largo with limitless capital sources and enable us to provide our clients with a broad range of highly competitive hospitality financing options and loan products.
Hospitality Financing Transactions
Hospitality Lending Platform
Franchised hotels or upscale independent/boutique properties
Refinance, acquisition, cash out, PIP (in conjunction with acquisition/refinance), value add/reposition
Single assets: $2 million and up
$10 million to $100 million
3, 5, 7 or 10 years
Up to 30 years
Non-recourse, limited – full, performance based burn off
Loan-to-value (LTV) not to exceed 75%
Fixed and floating available
1.25x
Borrower must have industry experience or operating partners with successful management experience
This is not an offer, term sheet or commitment. Rates and terms can change without notice. All transactions are subject to underwriting and written approval.
Why Work With Largo
Over $1 billion in hotel financing. Spanning 4 decades.
We are the financial arm for our clients and help them grow their business while saving them money.
Our professionals are in the hospitality industry and only focused on hotel financing.
We are honest and upfront with our clients, and when we say we will deliver…we will.
Largo is a proud member of the Asian American Hotel Owners Association (AAHOA), the largest hotel owners association in the world.
Team
Hospitality Specialists
Contact us for your hospitality financing project.