Hotel/Motel Due Diligence Submission List

1.  12 Month Trailing Income & Expense Statement – Please include occupancy, ADR and RevPar numbers broken down by month

2.  2022 and 2023 Income and Expense Statements – Please include occupancy, ADR and RevPar numbers broken down by month

3.  3 Year Proforma – Please include projected occupancy, ADR and RevPar numbers broken down by month

4.  Borrower Information – Please include a brief description of the borrower, principal, and property manager, including real estate experience

5.  Sources and Uses of Funds Statement

6.  Brochure and Pictures of Property

7.   Franchise Information – Please include a copy of the Franchise Agreement

8.  Capital Expenditures – Detailed since purchase and future projections

9.  Property Demographics

1.  Year built and last year renovate
2.  Breakdown of restaurant(s), including seating and cuisine
3.  Breakdown of meeting space, including seating capacity
4.  Site Plan and Area Map
5.  Neighborhood Description
6.  Competition Analysis, including a copy of the Smith Travel Report, if available