Deal of the Week: Hotel David Whitney, An Autograph Collection & The David Whitney Residences in Detroit

by Sara Havlena

April 10, 2026
12:01 pm

This deal included a hotel plus a condo conversion for a rehabbed property in downtown Detroit. The condo financing plus the hotel financing made for a challenging duo. Bank of America liked the strong and experienced sponsorship along with the quality of location and the product. This loan took out an existing construction/bridge loan. The loan has a five-year term, interest only.

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Sara Havlena

Havlena is the editor-in-chief of Crittenden Real Estate magazine and The Crittenden Report: Real Estate Financing, Retail Tenants Report and the Multifamily Report and their respective websites. She has been an editor with Crittenden since 2007 and worked on a variety of real estate publications during her time at the company covering a wide range of topics from restaurant expansion to real estate developers. She has been the lead reporter and editor of Crittenden’s flagship publication, The Crittenden Report, since 2011. She has a degree in Print Journalism from Cal State Fullerton, and resides in Orange County, Calif.

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Deal of the Week: Hotel David Whitney, An Autograph Collection & The David Whitney Residences in Detroit

This deal included a hotel plus a condo conversion for a rehabbed property in downtown Detroit. The condo financing plus the hotel financing made for a challenging duo. Bank of America liked the strong and experienced sponsorship along with the quality of location and the product. This loan took out an existing construction/bridge loan. The loan has a five-year term, interest only. More

by Sara Havlena April 10, 2026, 12:01 pm
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Sports and entertainment concepts come in first place with retail landlords

Sports and entertainment retailers are grabbing sites in markets across the country. Retail landlords are drawn to these brands as they typically can bring in all-day traffic and usually take up larger spots. Pickleball venues continue to be hot, along with trampoline parks, bowling alleys/arcades, golf simulators and even immersive game show venues. More

by Sara Havlena April 9, 2026, 8:28 am
in Most Active Lenders/Investors, Premium

Wells Fargo, Goldman Sachs and other CMBS lenders increase allocations

This list includes some of the top CMBS lenders. We have touched base with our vast inventory of lender contacts to get the most up-to-date information including their origination totals and terms. This information will give you an idea of what these capital providers are seeking in today’s market. More

by Sara Havlena April 8, 2026, 8:00 am

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Construction Lending Reignites

Higher leverage is now attainable and pricing will be more competitive. New capital is flowing into the construction lending space from both debt funds and traditional lending sources and You need a subscription to access this content. Subscribe Now Already subscribed? Click here to login. More

Deal of the Week: Hotel David Whitney, An Autograph Collection & The David Whitney Residences in Detroit

Sara Havlena

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