Hotel construction lending will improve in 2024

Image: Dan Kosmayer/Adobe Stock
Hoteliers will see more available hotel construction capital this year. Look for lenders to come off the sidelines and consider hotels once again. With interest rates projected to remain stable or decrease, there will be more deals that will work on a cash-flow basis due to the lower interest rates. The projections for interest rates in the near term will allow underwriting to “work” for more transactions. This will allow borrowers to refinance existing deals that have recently opened. More

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  Miami, Florida

November 7-8, 2023

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