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Hotel Lending News

  • Coronavirus slows, but doesn’t stop real estate lending: Report
    “Selective” hotel lending continues. Retail and condominiums have seen the least activity, with condos being considered “illiquid” even before the  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-02
  • Trump’s Company Seeks Financial Help as Coronavirus Takes Toll
    ... and hotels closed amid the economic lockdown, the Trump Organization has been exploring whether it can delay payments on some of its loans  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-02
  • Hotel industry staring monumental wipeout of revenues, high job losses
    Real estate players from the organized hotel sector have taken loans to fund expansion or renovation. As of January 2020, their total debt outstanding  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-02
  • Access Point Financial Secures $9.2 Million Loan for Delta by Marriott, Green Bay
    The hotel is managed by an affiliate, National Hospitality Services. National Hospitality Services has an extraordinary team of hospitality professionals  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-01
  • Covid-19 Relief Loans: Here Are the Fed’s New Rules
    Covid-19 Relief Loans: Here Are the Fed's New Rules ... Small businesses and sole proprietors can apply for the loans beginning April 3. ... their employee count, are waived for businesses (a) in the hotel or food services industries;  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-01
  • Coronavirus Aid, Relief, and Economic Security Act (CARES Act) – Key Provisions Impacting the …
    Presumably loans, loan guaranties and other investments may be made to hotel owners or operators as part of the Category 4 Loan Programs but that  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-01
  • Coronavirus: New law to protect wedding venue deposits, private-hire drivers’ monthly instalments …
    ... as hotel accommodation; and loans granted by banks or finance companies for business ... If it is granted, the hotel must then restore the deposit. ... ..read more
    Source: Hotel Lending NewsPublished on 2020-04-01
  • Sale of Trump’s DC hotel lease on hold as commercial real estate industry reels
    "Trump International Hotel, Washington, D.C., is one of the finest hotels ... from a $450 billion pool of Treasury Department loans and investments. ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-31
  • Hotels in large chains to qualify for small business loans in relief package
    But thousands of Marriott, Hilton and other big-brand hotels are expected to qualify in the coming days and weeks for loans meant for small  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-31
  • Federal Reserve to set up lending facility for central banks
    They managed to do part of their trek but now they are trapped in a Lima hotel room and do not know when they will make it back to the U.S. The couple,  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-31
  • Hotel industry warns of looming financial crisis
    Hotel industry lobbying groups have fired a warning shot, exhorting lawmakers to provide them with financing to avoid a series of debt defaults they  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-31
  • Virus fight: HSE’s Citywest deal de-risks Starwood portfolio
    ... the hospitality lending portfolio of Starwood European Real Estate Finance, ... The hotel is the largest hospitality exposure in the Starwood firm, and  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-31
  • Will coronavirus permanently change CRE lending?
    ... paralysis from the coronavirus outbreak could upend commercial real estate and accelerate loan losses for banks. High vacancies are hurting hotels  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-30
  • Lending hotel was their way of helping flatten the curve
    As husband and wife owners of two hotels on Monroe Avenue in Brighton—the Clarion Pointe and the Hotel on Monroe—they depend on guest  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-30
  • Armenia: Coronavirus KO’s Tourism; Using Empty Hotels as Isolation Wards
    "When private sector representatives apply for loans, the government will kick in with 50% financing," Safaryan said. They may spend that loan on their  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-30
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