Shaner Hospitality Finance: A Focus on Growth and Value
Shaner Hospitality Finance, a division of Shaner Hotel Group, stands as a prominent player in the hospitality lending landscape. It’s primarily known for providing debt and equity financing to hotel owners and developers across the United States. They are not a traditional lender in the same vein as a bank; rather, they operate more as a private equity firm specializing in hospitality assets.
The company’s core strength lies in its deep understanding of the hospitality industry. Shaner Hotel Group, the parent organization, boasts decades of experience in hotel management, development, and ownership. This operational expertise translates directly into a nuanced approach to financing. They’re not just looking at numbers; they’re evaluating the potential of the property, the strength of the management team, and the competitive landscape with a keen eye honed by their own successful ventures.
Shaner Hospitality Finance typically focuses on providing bridge loans, mezzanine debt, and preferred equity financing. These types of financing are often used for acquisitions, renovations, repositioning, and new construction projects. Bridge loans provide short-term financing while a borrower secures longer-term capital. Mezzanine debt is subordinate to senior debt, allowing borrowers to leverage their investments further. Preferred equity offers a blend of debt and equity characteristics, providing investors with a fixed return and potential upside.
Their investment philosophy centers around identifying opportunities where they can add value beyond just providing capital. They often partner with experienced hotel operators and developers, providing not only financing but also strategic guidance and operational support. This hands-on approach allows them to actively participate in the growth and success of their investments.
Shaner Hospitality Finance is often a viable option for hotel owners and developers who may face challenges securing financing from traditional lenders. Their willingness to consider more complex transactions and their in-depth industry knowledge make them an attractive alternative. For example, properties requiring significant renovations or repositioning often benefit from their expertise and willingness to take on projects with perceived higher risk.
The company’s success is driven by a combination of factors: their strong industry experience, their flexible financing solutions, and their commitment to building long-term relationships with their borrowers. By leveraging the operational expertise of the Shaner Hotel Group, Shaner Hospitality Finance offers a unique perspective and a valuable resource for hotel owners and developers seeking to grow their businesses.