Everwood Capital Partners is a Balance Sheet equity and debt partner. We are committed to building relationships with our partners over the long-term and therefore have flexibility with our investment structures.
Please email info@everwoodhp.com for more information.
Purpose | Runway Capital | Bridge or Temporary Equity Capital | JV Equity |
---|---|---|---|
Position | Preferred Equity or Mezzanine Debt | Preferred Equity or Mezzanine Debt | Equity |
Property Type | Limited Svc and Full Svc on Case by Case Basis | Limited Svc and Full Svc on Case by Case Basis | Extended Stay, Upscale+, Other asset classes |
Amount | $500,000 – $8MM | $500,000 – $8MM | up to $6MM |
Rate | 11-15% | 11-15% | N/A |
Term | 3yrs | 3-5yrs | Case by Case |
Prepayment | Pre-payable any time partially OR in whole, NO PENALTY | Pre-payable any time partially OR in whole, NO PENALTY | N/A |
Location | Nationwide | Nationwide | Uniquely Located Projects or Extended Stay |
Loan to Value | up to 75% | up to 90% | N/A |
Loan To Cost | up to 75% | up to 90% | N/A |
Loan Fee | 1-2% | 1-2% | N/A |
Recourse | Collateralized or Personal Guarantee | Collateralized or Personal Guarantee | N/A |
Other | ECP partner to receive credit card processing agreement | ECP partner to receive credit card processing agreement | N/A |