Construction & PIP Financing
Construction and Property Improvement Plan (PIP) financing funds ground-up development, major renovations, and brand-mandated hotel improvements.
Who It's For
Hotel owners facing franchise PIP requirements, ground-up developers, and sponsors repositioning assets through significant capital expenditure.
Common Use Cases
- Franchise-mandated PIP execution
- Ground-up select-service hotel development
- Major renovation and rebranding
- Adaptive reuse with hospitality conversion
How Lenders Evaluate
Lenders review construction budget, contractor qualifications, draw schedule, completion timeline, franchise approval, and stabilized pro forma. Cost overruns and timeline risk are key concerns.
Typical Documentation
- Detailed construction/PIP budget
- Contractor bids and agreements
- Franchise approval and PIP scope
- Development timeline and draw schedule
- Stabilized pro forma upon completion
How Midas Helps
We connect sponsors with construction lenders and help align budgets, timelines, and take-out financing plans before breaking ground.
Midas Financials is a broker/advisor, not a direct lender. Financing is subject to lender approval. Terms depend on borrower strength, property performance, and market conditions.
Related Financing Options
SBA Hotel Loans
SBA hotel loan guidance and lender placement for qualifying Texas hospitality deals. SBA programs subject to SBA and lender approval.
Learn more →Hotel Financing
Hotel financing brokerage for acquisitions, refinances, and PIP projects in Texas. Midas connects sponsors with appropriate lenders — subject to approval.
Learn more →Bridge Loans
Bridge loan brokerage for hotel and CRE acquisitions in Texas. Short-term financing solutions subject to lender approval and underwriting.
Learn more →Frequently Asked Questions
Can PIP costs be included in hotel financing?
How long does commercial financing typically take?
What documents will I need to submit?
Ready to explore financing options?
Submit your deal details and our team will review lender fit, documentation needs, and next steps. Financing is subject to lender approval — we help you navigate the process as your broker/advisor.