Tag: hotel financing
Financing in an ‘Unfinanceable World’
Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this...
iBorrow Provides Financing for Sandcastle Oceanfront Resort Acquisition
MYRTLE BEACH, South Carolina—iBorrow announced that it has provided financing to a Los Angeles-based investor in commercial real estate and technology companies for its...
Spirides Hotel Finance Company Provides Financing for Dunedin, Florida, Hotel Development
TAMPA, Florida—Spirides Hotel Finance Company has provided, and the borrower has closed, $14 million in construction-to-permanent mortgage financing from a Midwest-headquartered bank to finance...
PMZ Realty Capital LLC Closed Over $100 Million in Financing During Q3 2022
NEW YORK—PMZ Realty Capital LLC announced it closed over $100 million in financing during the third quarter of 2022.
Some of the transactions closed include:
...
Driftwood Capital Provides Financing for a 26-Hotel Portfolio Acquisition
MIAMI—Driftwood Capital provided financing to an institutional owner of hospitality assets across the United States (sponsor) for the acquisition of an economy, extended-stay hotel...