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Hotel Lending News

  • Investment opps among takeaways from 2018 CHICOS
    The 2018 edition of the Caribbean Hotel Investment Conference & Operations Summit (CHICOS) brought lenders and developers alike to the Fairmont  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-16
  • MCR, BLT Close $648M Hotel Portfolio Financing
    MCR and Building and Land Technology have secured $647.5 million in financing across a 53-property national hotel portfolio. A consortium  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-15
  • New Hotel Opens At Fort Drum
    One unique feature of this hotel is a lending locker, which has a number of kitchen appliances and games for soldiers and their families who may be  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-14
  • MCR, Building and Land Technology close $647.6M financing for 53 hotels
    A joint venture between MCR and Building and Land Technology closed on $647.5 million in financing for a 5,958-room national portfolio of 53  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-13
  • MCR and BLT Close $647.5 Million Portfolio Financing For 53 Hotels
    A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-13
  • MCR, BLT Close $647.5M Portfolio Financing
    On average, the portfolio's hotels are 12 years old and generate RevPAR of $90 and RevPAR Index of 120%. Bank of America led the financing, which  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-13
  • BofA, Wells Lend $648M to Refi Dozens of MCR Hotels
    An MCR Development-led joint venture that owns a portfolio of 53 hotels totaling 6,000 rooms has landed $647.5 million in debt to refinance its  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-13
  • Fiduciam grants EUR5 million bridging loan against French real estate portfolio
    The EUR5 million bridging loan is secured against a portfolio of French properties, including a hotel. The loan was granted for a term of two years. ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-13
  • Emerald Creek Provides Emmut $40M Bridge Loan on New Bowery Hotel
    Big Apple bridge lender Emerald Creek Capital closed today on a $40 million short-term mortgage against a newly built hotel and residential building  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-09
  • Opposition fail to halt £15m loan for new Peterborough Hilton hotel which ‘will net council £500k’
    City councillors are adamant that it is a 'safe risk' to lend £15 million of Peterborough taxpayers' money to a private company to build a luxury hotel on  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-09
  • Choice Hotels International Reports 2018 Third-Quarter Results
    Hotel Development & Financing. Pursuant to its program to encourage acceleration of the growth of the upscale Cambria Hotels brand, the company  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-08
  • Choice Hotels International Inc.: Choice Hotels International Reports 2018 Third-Quarter Results
    With respect to lending and joint-venture investments, the company generally expects to recycle these loans and investments within a five-year period. ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-08
  • How Marriott Fuels Racial Inequality
    Predatory lending and predatory-employment practices are squeezing ... Hotel workers strike in front of a Marriott hotel in San Francisco on October 4,  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-02
  • Petros PACE Finance Closes $2.3 Million C-PACE Loan In Nebraska
    Lucky Omaha Hospitality, LLC utilized Omaha's PACE program to finance energy efficient lighting, elevators, building automation system, restaurant  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-01
  • Feds indict alleged mastermind of $4B money-laundering scheme
    In a response to a recent Crain's inquiry on the due diligence that Wells Fargo performed on the Park Lane Hotel loan, a spokesman for the bank said  ... ..read more
    Source: Hotel Lending NewsPublished on 2018-11-01
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