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Crowdfunding Campaign Launches for San Francisco Hotel

Crowdfunding Campaign Launches for San Francisco Hotel

NEW YORK—Synapse Development Group, a real estate investment and development firm headquartered in New York City, and its joint venture partner AQARAT (Kuwait Real Estate Company), have launched a crowdfunding campaign on the RealCrowd platform for the redevelopment of 1095 ...

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Fitch Ratings Sounds Off on RevPAR Deceleration

Fitch Ratings Sounds Off on RevPAR Deceleration

NEW YORK—In a new report, Fitch Ratings answers the questions it is most often asked regarding the U.S. Lodging C-Corps and REITs. Fitch believes that U.S. lodging fundamentals remain healthy given continued, solid U.S. economic growth and measured new lodging ...

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Meridian Capital Finances $10 Million on Gregory Hotel

Meridian Capital Finances $10 Million on Gregory Hotel

NEW YORK—Meridian Capital Group arranged $10 million in permanent financing on the Best Western Gregory Hotel located in Brooklyn. The $10 million, 10-year CMBS loan was provided by Rialto Mortgage Finance, L.L.C. and features a fixed rate and interest-only payments ...

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