Florida · Hospitality
Florida hotel and hospitality financing.
Acquisition, repositioning, PIP, and ground-up development financing for limited-service, full-service, and resort hotels across Miami, Orlando, Tampa, the Keys, and the Panhandle. Business-purpose, $1M to $50M+.
By David Hodara ·
130M+
Annual visitors
$1M-$50M+
Loan range
Marriott/Hilton/Hyatt/IHG
Brand flag preferred
3-4 weeks
Typical close
Florida hospitality market context
Florida hospitality runs on tourism, business travel, and snowbird seasonality. The state hosts over 130 million annual visitors. Lenders price Florida hotels off ADR trajectory, RevPAR vs comp set, brand flag (Marriott, Hilton, Hyatt, IHG branded properties get materially better terms than independents), and STR/peak-month exposure.
Florida hotel financing is split between large coastal portfolios (Marriott/Hilton trophy assets in Miami and the Keys), Orlando convention/leisure properties, and secondary-market limited-service deals. Each segment has distinct lender appetite. Bridge and PIP financing dominate the current cycle as operators reposition properties post-COVID demand normalization.
Typical loan products for Florida hospitality
Each deal gets routed to the product structure that fits. Most hospitality deals in Florida use one of the following.
Top Florida markets we actively fund
We work hospitality deals across Florida, with deepest lender relationships in the metros below.
Florida hospitality FAQ
Do lenders require a brand flag for Florida hotel financing?
Most institutional capital prefers a brand flag (Marriott, Hilton, Hyatt, IHG). Independent and boutique properties can still be financed but typically at lower leverage, higher rate, and through specialized hospitality debt funds rather than balance-sheet lenders.
What's typical leverage for Florida hotel bridge loans?
65-70% LTV on stabilized properties, 60-65% LTC on PIP and reposition deals. Construction tops out at 60-65% LTC with brand pre-commitment and franchise comfort letter required.
How are STR (short-term rental) properties financed in Florida?
Mid-size STR portfolios in Miami, Orlando, and the Keys typically qualify for DSCR financing rather than hospitality debt. The qualifying line is operating model: hotel licensing and brand operations = hospitality debt; STR/Airbnb portfolio = DSCR (different underwriting, different lender pool).
What's the impact of seasonality on Florida hotel underwriting?
Lenders typically use 12-month trailing T-12 RevPAR and stress for off-peak months. Properties with strong group business or convention attachment underwrite more aggressively than pure leisure properties because seasonality risk is partially hedged.
Got a Florida hospitality deal? Send it over.
Term sheet inside 48 hours, or a fast no so you can move on. Business-purpose CRE financing only.