APF is a balance sheet hospitality lending platform serving qualified branded and independent boutique hotels in the U.S. and Canada. APF’s experience in mortgage, bridge and CapEx lending combined with its consistent track record, places APF at the top of the specialty finance sector.
APF provides short term mortgages up to $10 million or 70 percent loan-to-value (upon stabilization) for acquisition, refinance, DPO or note purchase paired with a recently completed or planned renovation. These loans can be closed in as little as two weeks, allowing a buyer to acquire, renovate and stabilize the property until permanent financing can be sourced.
APF provides up to 100 percent of cost for the acquisition of FF&E for development of new hotel properties or the refurbishment or conversion of existing properties. These loans typically range from $200,000 to $10 million. The company’s experience and knowledge of the industry enable it to underwrite and close in as little as two days.