Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this sounds ominous, there is still historically attractive capital available for the right sponsors. Interest rates have risen from the artificially low levels created in response to the Great Recession but are still at levels where financing makes sense. Sophisticated lenders have taken the opportunity to pick opportunities in today’s world of […]

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