LODGING turns the spotlight on several lenders and financial service providers serving the hospitality industry and what hoteliers need to know to identify the right partners. Read about navigating the hotel lending environment in 2022 here.
Editor’s note: The following list is in alphabetical order. All numbers reflect the 2021 calendar year.
PMZ Realty Capital, LLC
PMZ Realty Capital LLC is a New York-based real estate investment banking firm that operates nationwide. The firm’s advisory services are focused and highly specialized with the singular goal of creating the most advantageous capital structure for clients. A national leader in hotel financing, PMZ Realty Capital LLC focuses on debt and equity financing, note sales, joint ventures, recapitalizations, and real estate advisory services.
- Volume of hotel loans in 2021: $300 million
- Average loan amount in 2021: $15 million
- Loan types/services offered: Acquisition, Bridge, Permanent, Construction, Equity Raise
- Company contact: Michael Sonnabend, sonnabend@pmzcapital.com
What is your advice for borrowers today?
“Hotels require a lot of investment, and owners don’t always plan effectively for that. You have to take a step back and be rational about your expectations of what your hotel is, what you’re projecting for the economics of the deal, and what you’re projecting for the capital side of the deal.”
— Michael Sonnabend, Managing Member, PMZ Realty Capital
