Entry Level Financial Offers Mortgage to American Resort Profits Properties REIT LP for Portfolio Upgrades
ATLANTA, March 17, 2025—Officers of Entry Level Financial (APF) launched the firm has offered a complete financing commitment on a entirely funded loan amount of $126.0 million to American Resort Profits Properties REIT LP (AHIP), a publicly traded true property investment believe located in Vancouver, Canada. The cash will be extinct to refinance, renovate, and toughen a portfolio of 12 premium-branded, make a selection-provider hotels totaling 1,233 rooms all over the USA.
“As evidenced by this transaction, APF is able to merely about all phases of financial assistance, from a single asset $10 million bridge loan to extra complex transactions to refinance a complete portfolio properly north of $100 million,” stated Michael I. Lipson, CEO and chairman of the board, APF. “We pleasure ourselves on being strategic capital companions who work laborious to win the good resolution for entrepreneurial, make a selection-provider hotel owners to big, institutional merchants such as AHIP and every thing in between.”
The hotel portfolio entails:
- Put of living Inn St. Paul Woodbury, Minnesota
- Put of living Inn San Angelo, Texas
- Fairfield Inn & Suites Asheboro, North Carolina
- Home2 Suites San Angelo, Texas
- Courtyard Bismarck North, North Dakota
- Staybridge Suites Midland, Texas
- TownePlace Suites Pittsburgh Airport / Robinson Township, Pennsylvania
- Put of living Inn Mount Laurel at Bishop’s Gate, Unusual Jersey
- Hampton Inn Asheboro, North Carolina
- Home2 Suites Midland, Texas
- Courtyard St. Paul Woodbury, Minnesota
- Homewood Suites Kalamazoo-Portage, Michigan
The $126 million commitment represents a median loan balance of approximately $102,000 per key and $10.5 million per-property on the make a selection-provider portfolio of premium manufacturers from Marriott, Hilton, and IHG.
“Entry Level Financial is the capital resolution for hotel sponsors who want a lending accomplice that knows them, understands the hotel market, and values flexibility, skills, and factual partnership,” stated James Reivitis, chief development officer, APF.
