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Hotel/Motel Projects – PART 2

Writer's picture: Kelly FreyKelly Frey

Updated: Sep 5, 2019


Projects that are managed and operated as a hotel or motel, even though the units are individually owned.


Split Ownership Arrangements

  • Projects with covenants, conditions and restrictions that split ownership of the property or curtail an individual borrower’s ability to utilize the property, including timeshare or segmented ownership projects


Non-Real Estate

  • Projects with property that is not real estate, such as houseboat project.

Continuing Care Facility

  • Any project that is owned or operated as a continuing care facility.


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