March 5, 2018

Hotel lenders will be cautiously optimistic this year targeting experienced hoteliers and cash-flowing properties with major flags in strong markets.  Borrowers will see tighter underwriting and lower leverage in the coming months.  Leverage will top out at 70% for perm deals, although most lenders will prefer a 60% to 65% maximum.  Construction loans will max More

Count on an influx of capital coming to the retail sector, as many bridge lenders aggressively increase their 2018 allocations.  Look for specialty finance companies, debt funds and banks to be active in addition to more life companies entering the playing field by year’s end.  This surge in competition will lead to lower spreads and More