The hotel industry appears to be on an uptick, which is good news for lenders. Hotel construction in May 2014 is up over 13% from the same time period in 2013. Moreover, record high occupancy rates and low supply could...more
In this issue:
- Are Breakup Fees at Risk?
- Credit Bidding Rights Limited, Capped by Debt Purchase Amount
- Court Upholds Creditor’s Security Interest Despite Post-Petition Lapse of Financing Statement...more
Funding is returning slowly for hotel properties, as many lenders have learned the hard way that hotels can be tricky collateral. Commercial mortgage brokers can expect these lenders to be more cautious when reviewing hotel...more
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