Hotel Refinance Guide
When and how to refinance hotel debt in Texas — rate reduction, cash-out, and permanent take-out strategies.
Hotel refinance replaces existing debt with new financing. Common motivations include lowering interest expense, accessing equity, extending maturity, or transitioning from bridge to permanent debt.
Refinance Triggers
Consider refinancing when:
- Current loan matures within 12–18 months
- Stabilized performance supports better terms
- PIP completion enables permanent take-out
- Market rates have improved since origination
Preparation Tips
Begin 6–12 months before maturity. Gather updated STR, operating statements, and appraisal. Model DSCR under new terms. Midas helps compare lender options and coordinate timing.