hospitality

About $4.2bn of near-term hotel maturities are facing refinancing difficulties in today’s higher for longer environment.

The refinancing came as a package of senior loan and mezzanine debt.

The SASB CMBS deal was sponsored by a Tishman Hotel & Realty and MetLife IM joint venture.

The 23-hotel CMBS financing will recapitalize properties across 10 states.

Partners is targeting $500m of initial investments with the door open for more capital commitments to Trinity on the table.

JPMorgan has originated a $500m senior loan to help build the mixed-use development One Beverly Hills.

Chief executive says institutional interest is picking up further as high-quality hotel assets hold up.

The US hotel sector is largely defying expectations as the country emerges from the pandemic, but it continues to be a bifurcated market, Rob Murray writes

JLL arranged the financing for Five Star Development to finish the $2bn project development.

A look at Trinity Real Estate Investments and Credit Suisse Asset Management’s $835 million purchase of the Diplomat Beach Resort.