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Hotel construction lending will be robust but competitive

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Capital for hotel construction will be robust, but selective. There will be more opportunities for hotel construction as short-term rates have decreased. Long-term rates have stayed the same, but SOFR and Prime have decreased, which will spur more development and pro forma-based deals. For the right product, debt and equity financing will be available.

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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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