CoStar: The Wait for Lower Cost of Debt Continues for US Hoteliers
Fed holds rates steady as inflation remains above target, keeping borrowing costs high and delaying relief for U.S. hotel owners seeking cheaper debt.
"It was a highly competitive year for lenders on our list, and we gave props to those who kept the market ticking over with their multiple irons in the fire and several different ways to finance borrowers irrespective of market conditions. Whether they were offering a suite of products, playing up and down capital stacks, buying loan pools or securities, or launching new partnerships, our top lenders are those that offered continuity, reliability, certainty of execution, critical expertise and a wee bit of scrappiness.” — Commercial Observer
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