Hotel Mortgage Financing in Canada
Financing for Hotels and Hospitality Properties
We arrange hotel mortgages for acquisitions, refinances, renovations, and repositioning projects across Canada. Our team structures each transaction around your property’s operating performance, then sources competitive terms from banks, credit unions, and private lenders so you can compare options and move forward with confidence.
Why Hotel Mortgage Financing Requires a Specialist
Hotels are underwritten as operating businesses, not just real estate. Lenders evaluate revenue per available room, occupancy trends, seasonality, franchise requirements, and operating expenses alongside the property itself. That complexity means the lender you choose, and how your file is presented, directly affects the rate, leverage, and terms you receive.
Going direct to a bank
Working with a hotel mortgage broker
From Operating Review to Funded Hotel Mortgage
Every hotel mortgage follows the same core path, whether you are acquiring a flagged property, refinancing an independent hotel, or arranging bridge financing for a renovation. Here is how we take a deal from initial review to closing.
Tell us about your hotel
We start with a conversation about your property, your goals, and your timeline. Whether you’re buying, refinancing, renovating, or building, we review your operating history, occupancy trends, and any franchise requirements.
We structure and package your file
We pull together your financial statements, monthly revenue and occupancy data, competitive benchmarking reports, and property documentation into a complete submission package. For hotel mortgages, how your file is presented directly affects the terms you receive.
Lender sourcing and negotiation
We present your deal to the lenders best suited to your hotel type, location, and loan size. As offers come in, we negotiate on rate, loan amount, repayment terms, and prepayment flexibility, then lay your options out side by side.
Closing and funding
Once you select a lender, we coordinate the appraisal, environmental review, building inspection, franchise approval (if applicable), and all remaining conditions through to funding.
Hotel and Hospitality Properties We Finance
From select-service hotels on highway corridors to boutique properties in urban markets, we arrange hotel mortgage financing for properties across the hospitality spectrum. If the asset generates room revenue, we can likely structure financing for it.
Flagged / Select-Service Hotels
Brand-affiliated properties with franchise agreements. The most consistently financeable hotel format in Canada, with strong lender appetite and competitive terms.
Boutique and Lifestyle Hotels
Independent or soft-branded properties in urban and destination markets. Evaluated on competitive positioning, rate performance, and operator track record.
Full-Service and Resort Properties
Larger hotels with food and beverage, conference, and amenity operations. Seasonality and departmental profitability are key underwriting factors.
Motels and Roadside Properties
Independent or economy-branded properties in highway-corridor and secondary markets. Financed through credit unions and alternative lenders based on location, condition, and occupancy history.
Conversion and Repositioning Projects
Properties being rebranded, renovated, or converted from another use. Typically financed with a bridge loan until the property stabilizes under its new positioning.
Hotel Construction and Development
Ground-up hotel builds and major expansions. Construction financing with interest-only draws, cost-to-complete controls, and a clear take-out plan.
Where We Arrange Hotel Mortgages
We arrange hotel mortgage financing across British Columbia, Alberta, and Ontario, covering major urban markets and active secondary markets where hospitality investment is concentrated.
A Broker Who Understands Hospitality
Hotel mortgage financing requires lenders with genuine hospitality experience, not lenders who occasionally accept a hotel deal. We work with capital sources that understand brand standards, PIP timelines, seasonality adjustments, and the operating metrics that define hotel performance.
Access to hospitality-focused lenders
We work with chartered banks that have dedicated hospitality desks, credit unions active in regional hotel markets, and private lenders for transitional situations. The right lender for a stabilized flagged hotel is rarely the right lender for a conversion or a ground-up build.
Hotel-specific file preparation
We package your submission with the operating data hotel lenders expect: three years of P&L statements, monthly occupancy and rate data, STR benchmarking, franchise details, and PIP documentation. A properly prepared hotel mortgage application moves faster and closes on better terms.
Straightforward communication
You will always know where your deal stands, what the next step is, and what your options are. Hotel transactions are longer and more complex than standard commercial deals, and we communicate timelines and milestones from the outset.