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Hotel Lending News

  • Government help must be long-term for businesses in survival mode, says advocacy group
    Hotel owner says occupancy rate has fallen to single digits, requiring ... Because of the global crisis, governments and lending institutions are  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-26
  • Linked Finance launches coronavirus loan for SMEs
    The firm has also applied a blanket two-month payment break to all its loans across the restaurant, bar, pub and hotel trades. Linked Finance also  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-26
  • What’s in the $2 Trillion Senate Coronavirus Bill
    The remaining $454 billion would go to backstop losses in lending facilities ... The federal boost in unemployment insurance will help the many hotel  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-26
  • Lenders back push from hotels to access crisis-era program
    The hotel industry's main trade group, the American Hotel & Lodging Association, and some finance groups, including the Mortgage Bankers Association  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-25
  • Fine Print of Stimulus Bill Contains Special Deals for Industries
    For example, certain hotel owners, even those employing thousands of people, will be eligible for small-business loans, a provision that could  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-25
  • Big-Name Hotels Go Empty and Smaller Owners Are Hurt
    ... all hotels have access to lending, pointing to a change from the Small Business Administration that would provide relief for hotels that employ fewer  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-25
  • Linked Finance launches new “Deferred Start Loan” for Businesses affected by Coronavirus
    In a show of support to its borrowers in the hospitality trade who are playing their part in delaying the spread of Covid-19, Linked Finance applied a  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-25
  • Coons: SBA loan relief provision will provide lifeline for Del. businesses
    The hospitality industry has a sizable percentage of such loans. ... Sticking points had included a hotel bailout and a $500 billion fund that according to  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-25
  • Inner Circle: The impact of Coronavirus on banking arrangements in the hotel sector
    For hotel owners considering the government loan scheme, questions arise as to how the Government backed loans will interrelate with their existing  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • Coronavirus Relief: What Each Travel Sector Is Requesting
    All in, the hospitality and travel industry is requesting nearly $550 billion ... These loans should be zero-interest and unsecured as hotel owners may  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • Here’s what you need to know about the $1.8 trillion coronavirus bailout everyone keeps talking …
    The group also asked for $45 billion in loans, and assistance in deferring mortgage, lease, and loan obligations. Hotels are seeking help, too. ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • Linked Finance Gives Payment Break To Hospitality Sector
    Peer-to-peer lending platform Linked Finance has given a blanket two-month payment break to all of its loans in the restaurant, bar, pub and hotel  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • Kennedy Funding Closes $2.75 Million Land Loan In Tuscaloosa, Alabama
    "Hotel financing is challenging even in today's lending environment, but Kennedy Funding provides a much-needed alternative to conventional  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • What COVID-19 fallout means for DFW’s $943M in CMBS debt coming due
    Locally, many CMBS loans have been taken out for hotels and motels. ... Those include Carrollton-based G6 Hospitality, which owns 13 North Texas  ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
  • CRE lending market could collapse under weight of the coronavirus
    CRE lending market could collapse under weight of the coronavirus ... The chief executive of a major US nonbank commercial lender has made a ... developers, hotel operators and their respective tenants and employees,” he wrote. ... ..read more
    Source: Hotel Lending NewsPublished on 2020-03-24
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