Capital Source of the Week - Hospitality Lender

Nebo Capital is featuring a private lender specializing in hotels.  They like ground-up or value-add hotel deals in primary and secondary markets with major flags.  This is a great resource for good developers that took a hit during the downturn and now have solid transactions but some understandable credit issues.  They can provide higher leverage debt up to 80% LTC, non-recourse at single digit rates.  This group will move quickly for the right deal and has experience underwriting hotel transactions using EB-5 capital as an equity source.