Non-Recourse, A Perfect Fit for Hotel Owners

By remstaff & Globe Street
Video
October 16, 2015 at 09:50 AM
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PHOENIX—Non-recourse loans are a great fit for hotel owners, whether they are looking for acquisition financing or refinancing, but still a lot of hotel owners don't utilize it, according to Aries Capital CEO Neil Freeman and LendingCap Commercial president/Aries Capital SVP Rushi Shah. At the Lodging Conference, Shah and Freeman sat down with GlobeSt.com for an exclusive interview about the lending market for hotels.

During the conference, Shah launched LendingCap Commercial, a tech-based loan platform and affiliate of Aries Capital that streamlines the process of securing a non-recourse loan. The platform, in fact, even returns a portion of the loan savings to borrowers at closing. Watch the two market experts talk about the benefits of going non-recourse and how LendingCap will ease the challenges of obtaining a loan. 

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