Midas Financials

Hotel Financing for Texas Sponsors

Hotel financing encompasses debt solutions for acquiring, refinancing, renovating, or repositioning hospitality assets. As your broker/advisor, Midas helps match your deal to lenders with relevant hotel appetite and underwriting standards.

Who It's For

Experienced hotel operators, first-time hospitality investors with strong sponsorship, franchise and independent owners, and sponsors pursuing value-add or stabilized hotel opportunities across Texas.

Common Use Cases

  • Acquisition of flagged or independent hotels
  • Refinance of stabilized hospitality assets
  • PIP and renovation financing
  • Bridge-to-permanent strategies
  • Portfolio recapitalization

How Lenders Evaluate

Hotel lenders evaluate STR performance (occupancy, ADR, RevPAR), brand/flag requirements, market fundamentals, sponsor experience, DSCR, LTV, and property condition. Franchise agreements and PIP obligations are closely reviewed.

Typical Documentation

  • Trailing 12-month P&L and STR reports
  • Franchise/brand agreement (if applicable)
  • Personal financial statements and resume
  • Purchase contract or refinance payoff
  • Property inspection and PIP estimate
  • Entity organizational documents

How Midas Helps

We identify lenders with hotel-specific programs, prepare your package for underwriting, coordinate third-party reports, and guide you through term sheet comparison and closing — always as your advocate, not the lender.

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.

Frequently Asked Questions

Is Midas Financials a lender?
No. Midas Financials is a commercial finance broker and advisor. We help borrowers identify and navigate lender options, prepare documentation, and coordinate the financing process. All financing is subject to lender approval and underwriting.
What DSCR do hotel lenders typically require?
Many hotel lenders target 1.20x–1.35x DSCR, though requirements vary by flag, market, loan type, and sponsor. Strong sponsorship and market fundamentals may offset thinner coverage in some cases.
What documents will I need to submit?
Common requirements include personal financial statements, entity documents, trailing 12-month operating statements, STR reports (for hotels), rent rolls, leases, and a purchase contract or refinance payoff statement. We provide a tailored checklist for your deal.
Can PIP costs be included in hotel financing?
Some lenders allow PIP reserves or renovation components within acquisition or refinance structures, depending on brand requirements and property condition. We help identify lenders comfortable with PIP-inclusive deals.

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.