Do CMBS lenders differentiate between Orlando hotel submarkets?

Yes. I-Drive corridor, convention center, and theme park-adjacent hotels receive tighter pricing than properties in secondary Orlando locations. Proximity to demand generators is a key underwriting factor for conduit lenders evaluating hospitality assets.

What flag brands perform best for CMBS in Orlando?

Marriott, Hilton, and IHG-flagged select-service hotels near Orlando attractions consistently achieve the strongest CMBS execution. Branded properties with loyalty program participation generate more predictable occupancy than independent hotels in this market.

Is seasonality a concern for Orlando hotel CMBS loans?

Less than most markets. Orlando has the most diversified tourism demand base in the U.S., with peak seasons spanning spring break, summer, fall conventions, and holiday travel. CMBS underwriters still stress-test seasonal troughs but view Orlando seasonality as manageable.

Published: March 31, 2026·Last updated: May 16, 2026·By Ed Freeman, Capital Advisor. PeerSense

What is the best financing for hotel at 65% LTV?

Orlando hotels at 65% LTV qualify for non-recourse CMBS fixed-rate financing typically priced 6.75%–9% for stabilized assets, with the strongest sponsors at 60% LTV reaching 6.25% for 10-year terms. Orlando's 75M+ annual visitors drive the strongest RevPAR fundamentals in the Southeast, and conduit lenders actively compete for stabilized hospitality assets in the I-Drive, convention district, and theme park corridors.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder

Prime: 6.75% 10-Yr Treasury: 4.25% Est. CMBS Range: 6.25% – 11%+ (typical 6.75% – 9%)as of Mar 19, 2026

Hotel

CMBS Hotel Refinance in Orlando, FL

Orlando hotel owners: refinance into non-recourse CMBS at 65% LTV with fixed rates from approximately 6.25% on the strongest stabilized deals (typical 6.75%–9%). Capitalize on tourism-driven RevPAR in the nation's most-visited metro.

Minimum 30-35% equity required. Experienced hotel operators in the Orlando/Central Florida market with stabilized properties near theme parks, the convention center, or major tourism corridors.

Discuss Your Hotel Deal Call (317) 452-6990

KEY TERMS

Deal Parameters at a Glance

LTV Target

65%

Est. Rate Range

6.25% – 11%+ (typical 6.75% – 9%)

Term

5-10 years fixed

Recourse

Non-recourse

DSCR

1.25x minimum

Closing Speed

30-45 days

Min Loan Size

$5M

Loan Products

CMBS

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

FIT ASSESSMENT

When Is This the Right Fit?

This financing is ideal when your Orlando hotel is stabilized at 65%+ occupancy with 12 months trailing NOI supporting 1.25x DSCR. Orlando's year-round tourism base, anchored by Walt Disney World, Universal, and the Orange County Convention Center, means hotel cash flows are less seasonal than most U.S. markets. If you hold bridge debt at 8-15%, refinancing into CMBS (typically 6.75%–9%, with the strongest deals reaching 6.25%) can reduce debt service by 20-40%. Properties within 5 miles of theme parks or the convention center qualify for the tightest conduit spreads in hospitality.

Want the full program overview, current rate sheet, and underwriting matrix? See the CMBS Loans guide →

ADVANTAGES

Key Benefits

Orlando's 75M+ annual visitors provide unmatched demand fundamentals

Non-recourse financing protects personal assets with standard carve-outs

Tourism-driven RevPAR supports strong DSCR even in off-peak months

Fully assumable debt enhances resale value in an active transaction market

I-Drive and convention corridor hotels command premium CMBS pricing

ALTERNATIVES

Strategic Alternatives

65% LTV Hotel Refinance After PIP

If your Orlando hotel recently completed a PIP and needs post-renovation financing

Learn more

Bridge-to-CMBS Hotel Acquisition

If you are acquiring an Orlando hotel that needs renovation before CMBS

Learn more

CMBS Hotel Refinance in Miami, FL

If your hotel is in South Florida rather than Central Florida

Learn more

Frequently Asked Questions

Orlando's average RevPAR consistently ranks among the top 10 U.S. markets. CMBS conduits underwrite Orlando hotels favorably because tourism demand is diversified across theme parks, conventions, and business travel, reducing single-source risk compared to seasonal resort markets.

See Related Rates by Program

PeerSense covers the full commercial capital stack. Indicative levels that lenders in our network have been pricing across these programs, as of August 1, 2026.

SBA 7(a) & 504

5.50–11.75%

Up to $5M acquisition / real estate / equipment, 10% down

See current rates

Bridge Loans

9.00–14.00%

12–36 mo transitional, SOFR + 470-970 bps, 65-75% LTV

See current rates

DSCR Investor

5.95–8.50%

30-yr fixed rental, qualifies on property cash flow

See current rates

Equipment Financing

5.50–12.00%

Loan, lease, SBA 504, vendor, captive. Section 179 eligible

See current rates

Hotel Financing

5.85–11.75%

CMBS + SBA 504 + bridge + PIP across all flags

See current rates

Private Credit

7.80–18.00%

Non-bank flexibility, unitranche, recap, transitional

See current rates

Invoice Factoring + ABL

0.5–3.5% / 30d

B2B receivables, trucking / staffing / construction / govt

See current rates

No-Doc CRE

7.50–11.50%

Limited-doc commercial, asset-based underwriting

See current rates

Foreign National

7.50–11.00%

Non-US borrower CRE + bridge, no SSN required

See current rates

Connect with PeerSense, Direct Capital Advisory

PeerSense pre-underwrites every deal before presenting it to our institutional capital sources. With a curated network of lender relationships and live market rate intelligence, we match your hotel deal with the right capital source, right now.

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Fee at closing only · Complimentary initial consultation

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated March 2026.

Disclaimer: The information on this page is provided for educational purposes only and does not constitute financial, legal, or investment advice. Rates, terms, and availability are subject to change based on market conditions, property characteristics, and borrower qualifications. The rate ranges cited reflect approximate market pricing as of March 2026 and may not reflect current conditions at the time of reading. PeerSense is a capital advisory firm, not a lender. We do not originate, fund, or service loans. All financing is provided by third-party lenders subject to their own underwriting criteria and approval processes. Borrowers should consult with qualified financial and legal professionals before making any financing decisions.