First Financial Capital lends against hotels in California, Colorado, Florida, Nebraska and Washington. The financings shown here are 5+ recent transactions representing $110M+ in funding.
Individual hotel bridge loans run up to $55M+, and most close in 2 to 4 weeks.
A selection of recently funded transactions. Not a complete record of our lending activity.
Laguna Beach
FFC Funds $8M Bridge Loan for Laguna Beach Boutique Hotel
First Financial Capital has closed an $8,000,000 bridge loan secured by a 68-room boutique hotel in beautiful Laguna Beach, California. The facility was structured, underwritten, and funded in under a week. The transaction reflects FFC's continued focus on speed and certainty-of-execution.
Seattle, Washington
$13MM Financing for Limited Service Hotel Acquisition in Seattle Area
First Financial Capital is pleased to announce the successful closing of a $13 million financing package for the acquisition of a limited service hotel in the vibrant Seattle, Washington market. The buyer, a seasoned hospitality investor and operator, plans to implement a comprehensive renovation and improvement program to enhance the property's value and guest experience, followed by reflagging the hotel under a major hospitality brand.
The First Financial Capital team worked closely with the buyer to structure a tailored financing solution that supports their acquisition and improvement plans, enabling them to unlock the property's full value.
Daytona Beach, FL
$55M Bridge Loan to stabilize a newly built, full service, independent beach front hotel in Daytona Beach, FL
First Financial Capital has closed a $55M bridge loan to stabilize a newly built, full service, independent, beach front hotel in Daytona Beach, FL. The 560k square foot property has 456 guest rooms, 11,716 square feet of meeting space and 3 full service F&B outlets. Additionally this project includes a 165k square foot garage with over 500 parking spaces. We fully funded the transaction in 45 days.
Nebraska
Limited Service Hotel Bridge Financing
First Financial Capital successfully provided $16,500,000 in bridge financing at a 80% LTV for an extended stay hotel near a hospital and university in Nebraska.
The acquisition was for two separate hotels, one located in Omaha and the other in North Platte.
Denver Area
$18M Hotel Financing in Denver Area
First Financial Capital recently provided acquisition financing for a hotel in the Denver area.
The 137-room hotel opened in May 2018 and includes more than 2,000 square feet of meeting space.
San Francisco
Ritz Carlton Residences Construction Loan; San Francisco
Located in the heart of downtown San Francisco, First Financial Capital had provided a construction loan for the development of the Ritz Carlton Residences in San Francisco which consists of 52 residential units within 24 floors. FFC had worked an agreement with the sponsor where 75% of the principal payment received for each of the units sold would be allocated towards paying down the [OLB (outstanding loan balance).](https://www.firstfincap.com/articles/acronyms)
the structure is considerably the best place to live in San Francisco. The Ritz Carlton brand has a reputation for offerings premium services. Each of the residential units feature top of the line appliances, top tier finishes, 24-hour concierge & valet, on top of all of the other services that the brand offers.