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Updated about 5 years ago,
Lender Recommendation Needed for STR Development Project
Hello All,
I am currently working on a project to create a STR "Retreat" in the Northern Kentucky area. It will initially consist of building 6 units roughly 700 sq ft in size on approximately 9 acres. My partner and I have reached out to two local lenders without success (one needed prior agriculture income, and another wasn't comfortable with the hospitality component). I am curious if anyone out there is either affiliated with a lender or has worked with one that would be interested in funding a project of this nature. Any leads would be appreciated!
Thanks!
Patrick