Graco Mortgage
Resort financing is not easy. But we are here to help you step by step through the process. We have been financing commercial real estate since 1992 so we have a good idea on how to get your project approved and funded quickly. Whether you are looking at a, purchase, refinance or construction. We can help you today.
Resort and Hospitality Financing
Contact us today for all of your financing needs. Purchase, Refinance, Construction, FF&E, Phone Systems or Credit Card Processing.

Resort And Hospitality Financing

For developers and owners of timeshare, fractional, hotel and other resort properties, our resort financing program provides the following lending products:

  • Acquisition and Development Loan

  • Construction Loan

Our financing ranges from, $2 million to $990 million+ and features competitive rates, reasonable cash equity requirements, and flexible terms.


Hotel Financing

For construction of new and / or acquisition of existing hotels located throughout the United States, Canada, and Mexico, our hotel financing program provides funding from $1 million to $990 million + through the following:

  • Term Loan

  • Acquisition & Development Loan

  • Construction Loan

For hotels owners, operators, and developers whose projects typically require a total capitalization of $1 million and up, our term loan provides the flexible funding to bring plans to fruition. Structured to allow for capitalization of interest during construction phase and interest only during stabilization, our term loans are available for new hotel construction projects, as well as acquisition of existing hotels.

Our non-recourse construction loans are very unique in the industry. Starting at, $2 million up to $990 million+ we offer 100% construction financing. With no payments due for the first 24 months. Starting on the 25th month, payments will start up to the end of the period you choose. Even though we can go out 10 years on construction, our sweet spot is for 3-5 years.


Our Term Loan Features

  • Funding amount ranging from $2 million to $990 million

  • Term of 5, 7 or 10 years, with a 25 - 30 year amortization schedule

  • LIBOR and Prime-Based, competitive interest rates

  • Funding available in the United States, Canada, Mexico and on International projects


Acquisition and Refinance Loan

  • Our acquisition and refinance loan is available in amounts ranging from $1 million to $990 million+ for the purchase of public,private, and resort 18 hole golf courses. Our loan structure typically features 5 to 7 year terms with a 20 - 30 year amortization schedule.

  • Our acquisition and refinance loan can be structured to include "earn-outs", allowing borrowers to obtain additional funding over and above the initial loan amount, as your course generates greater cash flow. Advantages of using our financing to acquire or refinance a new golf course includes:

  • Competitive fixed and floating Interest Rates

  • Attractive Loan Structures that provide for incremental additional funding

  • Our construction loan is structured as a commercial mortgage and range from $1 million to $900 million. As an added benefit, when the construction period ends, we offer take-out loans, ranging from $1 million to $900 million. Our take out loans are structured like a term loan and are used to pay off any outstanding construction mortgage loan balance.


Term of Construction Loans

  • Competitive Fixed and Floating interest rates

  • Flexible term of 1 to 10 years 

  • Attractive Loan Structure that provides for new, added funding over time

  • Depending on the project, we can offer non-recourse financing

  • No payments are due for the 1st 24 months


Total Golf Solutions

We've been providing flexible golf course mortgage solutions to some of the biggest and best names in the business. Our acquisition and refinance loan products can be structures to allow additional funding beyond the initially funded amount. Our construction loan features a take-out financing option to help pay off the original loan once construction is completed and the golf course is open.


Acquisition And Development Loan

Our A&D loan provides the wherewithal to acquire land for new vacation ownership resorts and hotels located throughout the United States, Canada, Mexico and on a International basis. Our A&D loan may be structured as a Short-Term Loan for a specified time and then converted to a mini-permanent loan for a longer specified time, allowing for maximum amortization schedules and minimal payments. 


Construction Loan

Our construction loan provides the funding needed for building from the ground up or making improvements to existing vacation ownership resorts and hotels located throughout the United States, Canada, Mexico and Internationally. Our construction loan may or may not be structured as a revolving line of credit.

Construction Loa Features:

  • Funding amounts from $1 million to $995 million

  • Terms of 1 to 10 years

  • LIBOR and Prime based, Competitive Interest Rates

  • Advance rate up to 100% of Construction Cost

  • Funding available in the United State, Canada, Mexico and Internationally

  • Repayment of sellout of phased project through interval release payments to be negotiated before closing


Marina Financing

For marinas situated on owned or leased property, our marina financing program provides funding from $1 million to $900 million + and including:

  • Acquisition Loan

  • Refinancing

  • Expansion / Renovation Loan

Whether you are a marina owner seeking to renovate your existing facility or acquire a new one, having someone who is committed to both understanding your business and financing plans is key. Unlike more traditional funding sources that serve a broad customer base, our lending team is dedicated to the marina industry. We offer sound financing solutions for marinas located on owned or leased land.