December 17, 2018

Hotel financing will be readily available in 2019, although borrowers will see higher rates and stricter underwriting standards.  Hoteliers will need to obtain more equity and/or subordinate debt than years past as leverage levels drop.  Leverage will max at 65% to 70% for the most favorable permanent deals.  Hotel construction loans will be in the More

Borrowers will see plenty of available bank financing in 2019, especially for perm and bridge deals.  Major players such as Chase, BofA and Wells Fargo will be aggressively trying to grab a piece of the nearly $1T of debt maturing over the next three years.  U.S. Bank, Bank OZK, CapitalSource and Centennial Bank will pick More