APF, an Atlanta-based direct lender focused exclusively on the hospitality industry, provides bridge, PIP, capex, construction, mezzanine and preferred equity financing for qualified hotel owner-operators throughout the United States and Canada. The dramatic increase in volume is being attributed to an evolution of the company’s program structure that was implemented by a new senior leadership team in early 2021.
“Over the past year, APF has really morphed into a new company - let’s call it APF 2.0,” said Mike Lipson, APF’s CEO and Chairman of the Board. “Under the exceptional leadership of our new management team, we are becoming much more of a mainstream traditional lender, offering a more diverse range of products that are competitive with debt funds or other non-bank lenders, while maintaining our exclusive focus on the hospitality industry. We are clear in our focus and direction—lending up and down the capital stack, with most of the effort currently focused on our popular bridge program. We have stayed true to our roots as a Capex lender too, and will be ready to deploy that program when the brands require PIP’s to be due. As a true partner with our clients, APF will be able to assist there, as well, to meet all of our hotelier clients’ finance needs.”
APF focuses primarily on upper-midscale to upscale, limited/select service, extended stay and compact full-service hotels for top tier brands. Owners must have five years of experience and a minimum of five hotels in their portfolio to qualify.
