Bachman Lear & Co, Inc.

4253 W. Kennedy Blvd.

Borrower: __________________________________
Application Date: __________________________________
Originator: __________________________________

Tampa, Fl 33609
813-289-2727 (O)

john@bachmanlear.com
Commercial Mortgage Application
Property Type:

HOTEL
Loan Information

Loan Name/Description

__________________________________________________________________________________________

Recourse Preference

______ Recourse

______ Non-Recourse

______ Negotiate

Loan Purpose

______ Purchase

______ Refinance

______ Construction

If Purchase, Purchase Price

$_______________________________

If Refinance, Loan Balance

$_______________________________

Interest Rate ________% Type: Fixed ______ Variable _____

Cost of Recent Improvements

$_______________________________

Improvements Documented? Yes ______ No _____ Unknown _____

If Constr, Constr Cost + Land

$_______________________________

Completion Date ___________________________________

Borrower Information

Borrower Name

______________________________________________________________________________________

Borrower Type

_____ Individual ______ Corp LLC _____ Trust _____ Ltd or Gen Partnrshp _____ Other _____

Primary Contact

__________________________________________________

Contact E-mail __________________________

Address______________________________ City ____________________________ State _________________ Zip _______________

Phone

)______________________________

Fax (

)______________________________

Net Worth $ ____________________________ FICO Score ________ Bankruptcy? Yes ____ No ____
Property Information
Property Name ________________________________________________
Property Subtype: Full Service: Luxury ____ Resort ____ Midscale ____

No. of Bldgs
Limited Service: Midscale ____ Economy ____ Extended Stay ____

Franchise Affiliation: ______________________________ Food & Bev. Operations managed separately? Yes ______ No ______
Land Area

___________________________

Last Appraised Value

Last Appraised Value

Resort Area? Yes ______ No ______

Last Sale Price $
Date of Last Sale

Property Attributes: Hwy Access ______ Hwy Visibility ______ Guest Corridors : Interior ______ Exterior ______ Both ______
Rooms w/Kitchen ______% Fitness Centers ______ Outbuildings ______ Meeting Rooms ______ Pools ______ Restaurants ______ Tennis Courts ______
Primary Guest Type: Business ____ Govt ____ Traveler ____ Business/vacation ____ Business Economy ____ Extended Stay ____ Other ____
Surrounding Land Use: Class A ______ Class B ______ Class C ______ Medical Office ______ Industrial ______ Retail ______
Building Information
Building Address______________________________ City ____________________________ State _________________ Zip _______________
Number of Stories _____ Year Built _______ Year Renovated _______
No. of Guest Rooms _________________

No. of Elevators __________

Market Average Daily Occupancy (ADO) _______%

Hotel 2005 FAX

Overall Appearance: Avg ____ Above ____ Below ____

Gross Building Area (GBA) _____________________SF

Market Average Daily Rate (ADR) ________%

Income & Expenses

Building Name __________________________________
Item
Avg. Daily Rate (ADR)
Room Revenue
Occupancy (ADO) %
Food & Beverage Revenue
Telephone Revenue
Other Departmental Revenue
Other Income
Departmental Revenue
Room Expenses
Food & Bev. Expenses
Telephone Expenses
Other Departmental Expenses
Total Departmental Expenses

Departmental Income
Real Estate Taxes
Property Insurance
Utilities
Repairs and Maintenance
Franchise Fees
Management Fees
Payroll and Benefits
Advertising and Marketing
Professional Fees
General and Administrative
Other Expenses
Ground Rent
Total General Expenses
Total Expenses
Operating Expense ratio
Net Operating Income
FF&E / Cap. Expenditures
Extraordinary Capital Exp.
Total Capital Items
Net Cash Flow
Hotel 2005 FAX

No. of Guest Rooms ___________________________

3rd preceding year

2nd preceding year

Preceding year

2003

2004

2005

YTD
No. of Months ______

Trailing 12
Months

Notes