Meet the hotel finance team from GE Franchise Finance. This provides an overview of our lending program and the folks you should contact for more information.
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GE Franchise Finance - Hotel Finance Team and Program Overview
1. GE Capital
Franchise Finance, Canada
Meet our dedicated industry
specialists in hotel finance.
Senior Vice President,
Canada
Edward Khediguian
514-394-3201
edward.khediguian@ge.com
Western Canada Central Canada Eastern Canada
Cameron Woof Ian Ricci Jessi Carrier
Account Manager Account Manager Account Manager
905-858-6425 905-858-4968 514-871-4287
cameron.woof@ge.com ian.ricci@ge.com jessi.carrier@ge.com
Contact us to learn more about the flexible transaction structuring and
customized programs that we can design to meet your
specific financing needs.
2. GE Capital
Franchise Finance, Canada
Custom hotel financing solutions
at your service.
GE Capital Franchise Finance, Canada is a leading TERM
lender for the dynamic hotel market in Canada, Up to 10 years based on an amortization of up to
providing financing for nationally known brands 25 years for real estate. Amortization terms for
in the limited and select-service segments of the refinancing / acquisition of existing properties will be
industry. Having financed over a $1B over the last dependent on the age and condition of the properties.
10 years in Canada, GE has been and continues to
be committed to the industry, to new business, and AMOUNT
to existing clients. Minimum $1,000,000 per property.
Our financing programs include refinancing existing SECURITY
debt, acquisitions financing, remodels and expansion Guarantees of all partners, shareholders, and/or
financing for both existing assets or to be acquired related business entities.
assets. GE also has a program for takeout financing INTEREST RATE
for newly developed properties under certain Both fixed and floating rate options available.
conditions.*
REQUIREMENTS
LOAN PURPOSES Experienced hotel owner/developers with strong
Loans available for the following purposes: demonstrated hotel management capability.
• Refinancing of existing units is available up to 75% Hotels must be limited or select service and
of appraised value. carry a nationally recognized brand.
• Refinancing with remodels / expansions of up to
75% of appraised value “as is” plus 75% of cost. For more information, call us today!
• Financing of acquisitions of up to 75% appraised
value or cost of acquisition plus any renovations / Quebec and Atlantic Provinces
remodels. 1-866-317-4323
• Up to 75% appraised value “as complete” or cost Ontario
for permanent turnkey financing for new hotel 1-866-329-4323
construction including land, improvements, building,
furniture, fixtures and equipment under certain Western Provinces
condition*. 1-866-340-4323
*Financing for newly developed assets or assets with less than 2 years of operating
history may be considered under the circumstance where GE has exposure with
Borrower with a stabilized affiliate property that is cross-collateralized. 11CDN133
3. GE Capital
Franchise Finance, Canada
There’s no substitute
for experience.
When it comes to financing, there
Lakeview REIT
is no substitute for experience. GE
Canada Franchise Finance has a 7 Properties across Canada
strong track record serving leading $29.4MM
limited-service and focused-service Senior Debt Facility
hotel concepts across Canada.
As this sample of transactions
illustrates, you can be confident Comfort Inn & Suites St John’s
that we have both the expertise St. Johns. Newfoundland
and the resources to help you grow.
Our focus and experience financing $3MM
hotels means you can rely on us Senior Debt Facility (Renovation Tranche)
every step of the way.
Whether you’re looking to refinance
existing properties, build new Residence Inn & Courtyard by Marriott
properties or simply to remodel Montreal Airport, Montreal, Quebec
or expand, we can craft a financing
solution that is customized to your $27.3MM
needs. Senior Debt Facility
Call us today!
Quebec and Atlantic Provinces
1-866-317-4323
Ontario
1-866-329-4323
Western Provinces
1-866-340-4323
11CDN1344