Contact a Banker > 212-244-7400
Contact a Banker > 212-244-7400
First National provides golf course loans structured for acquisition, refinance, construction, and expansion. As a direct commercial real estate lender, we fund and service our own loans, delivering tailored financing solutions for income-producing golf properties nationwide.
Our underwriting team understands the operational and seasonal dynamics of golf courses, allowing us to structure financing aligned with long-term asset performance.
We provide commercial real estate loans for:
Public golf courses
Private and semi-private clubs
Resort golf properties
Driving ranges and specialty facilities
Because golf properties combine real estate value with operational income, our loan structures are built around both asset fundamentals and cash flow strength.
Structured loans for purchasing stabilized or value-add golf properties. Terms are evaluated based on sponsorship strength, historical income, and market conditions.
Short-term bridge financing for repositioning, renovation, recapitalization, or transitional periods prior to permanent financing.
Refinance existing golf course loans to improve rate, restructure debt, or optimize capital stack.
Financing for clubhouse upgrades, course redesign, land expansion, and real estate development projects tied to the golf property.
Each transaction is assessed individually; however, golf course commercial loans may include:
Competitive loan-to-value (LTV) ratios
Debt service coverage ratio (DSCR) underwriting
Fixed or floating rate structures
Interest-only options where appropriate
Recourse or non-recourse availability
Loan size and leverage depend on asset performance, sponsorship strength, and market positioning.
Because golf properties operate as both businesses and real estate assets, lenders evaluate:
Historical operating income
Membership trends and revenue stability
Demographic strength of surrounding market
Course condition and capital improvement needs
Management experience
Our in-house due diligence process ensures that financing aligns with long-term viability.
Unlike other services, First National operates as a principal lender.
This means:
Direct communication with decision-makers
Streamlined underwriting
Transparent loan structuring
Ongoing servicing from the funding institution
We maintain accountability from origination through maturity.
In addition to golf course loans, First National provides commercial real estate financing for:
Golf course commercial real estate loans typically start at $5 million, with higher loan amounts available depending on asset value and cash flow performance.
Leverage is evaluated based on property fundamentals and sponsorship strength. Competitive LTV ratios are available for stabilized assets.
Yes. Bridge loans may be structured for repositioning, renovation, recapitalization, or transitional ownership situations.
Lenders evaluate debt service coverage ratio (DSCR), historical operating income, management experience, and local market conditions.
If you are seeking golf course financing, acquisition capital, bridge funding, or refinance solutions, contact our team directly.
Call 212-244-7400
Email info@firstna.com