Borrower

Application Date
Originator
Commercial Mortgage Application
Property Type: HOTEL

Loan Information

Loan Name/Description

Recourse Preference Recourse Non-Recourse Negotiable

Loan Purpose Purchase Refinance Construction

If Purchase, Purch Price $ Closing Date

If Refinance, Loan Balance $ Interest Rate __________% Type: Fixed____ Variable____

Cost of Recent Improvements $ Improvements Documented? Yes____ No____ Unknown____

If Constr, Constr Cost+Land $ Completion Date

Borrower Information

Borrower Name

Borrower Type Individual Corp LLC Trust Ltd or Gen Prtnrshp Other____________

Primary Contact Contact Email

Address ______________________________________ City_________________________ State_________ Zip________________

Phone ( ) Fax ( )

Net Worth $ FICO Score Bankruptcy? Yes____ No____

Property Information

Property Name No. of Bldgs

Property Subtype: Full Service: Luxury___ Resort___ Midscale___ Limited Service: Midscale___ Economy___ Extended Stay___

Franchise Affiliation: _____________________________________ Food & Bev. Operations managed separately? Yes____ No____

Land Area Resort Area? Yes____ No____

Last Appraised Value $ Last Sale Price $

Last Appraisal Date Date of Last Sale

Property Attributes: Hwy Access___ Hwy Visibility___ Guest Corridors: Interior____ Exterior____ Both____

Rooms w/Kitchen_____% Fitness Centers___ Outbuildings___ Meeting Rooms___ Pools___ Restaurants___ Tennis Courts___

Primary Guest Type: Business___ Govt___ Traveler___ Business/Vacation___ Business/Economy___ Extended Stay___ Other___

Surrounding Land Use Class A Office___ Class B Office___ Class C Office___ Medical Office___ Industrial___ Retail___

Building Information

Building Address ________________________________ City_________________________ State_________ Zip________________

Number of Stories______ Year Built_______ Year Renovated_______ Overall Appearance: Avg____ Above____ Below____

No. of Guest Rooms____________ No. of Elevators_______ Gross Building Area (GBA)___________________ SF

Market Avg. Daily Occupancy (ADO)_______% Market Avg. Daily Rate (ADR) $____________
 Income & Expenses
Building Name ______________________________________________ No. of Guest Rooms____________

3rd Preceding Year 2nd Preceding Year Preceding Year YTD Trailing 12
Item Notes
________________ ________________ ________________ No of Months____ Months

Avg. Daily Rate (ADR)

Room Revenue
Occupancy (ADO) %
Food & Beverage Revenues
Telephone Revenue
Other Departmental Revenue
Other Income
Departmental Revenue
Room Expenses
Food & Bev. Expenses
Telephone Expenses
Other Dept. Expenses
Total Dept. Expenses
Departmental Income
Real Estate Taxes
Property Insurance
Utilities
Repairs and Maintenance
Franchise Fees
Management Fees
Payroll and Benefits
Advertising and Marketing
Professional Fees
General and Administrative
Other Expenses
Ground Rent
Total General Expenses
Total Expenses
Operating Expense Ratio
Net Operating Income
FF&E / Cap. Ex.
Extraordinary Capital Exp.
Total Capital Items
Net Cash Flow