Lenders remain active in the hotel sector
Real estate investment banker RobertDouglas’s Ninth Annual Lender Survey, just released, found that despite rising interest rates, inflation and recessionary fears, lenders remain active in the hotel sector.
Refinancing and acquisitions heat up
Deals happen across the country
LCP, Ashford Trust provide financing for Hilton hotels
LCP has provided a construction loan for a Nashville hotel, while Ashford Hospitality Trust has refinanced its mortgage loan for a Hilton in Boston.