October 15, 2018

Count on financing to be readily available for hotels as long as fundamentals hold up.  There will be a steady stream of capital for permanent and bridge loans, while construction will be more limited with stringent underwriting.  Sponsor experience, borrower financial strength and assets with high-quality flags will be key.  Location will also be important More

Expect the construction market to be very active, as there is a lot of new construction going on in top markets.  Economic indicators remain strong, pointing to continued growth in employment and wages, which will support commercial real estate and future construction volume in the long run.  The biggest source of construction lending volume remains More