CoStar: Creativity is Key to Hotel Financing, Experts Say
Peachtree Group CEO Greg Friedman says creativity is becoming essential in hotel financing as borrowers increasingly turn to alternative capital in a higher-rate environment.
Commercial real estate recovery is occurring, just very slowly, says Greg Friedman. He says liquidity in the housing market will offer the next leg of growth for this corner of the market. However, commercial real estate faces headwinds against banks. When it comes to "winners and losers" in the space, multifamily units is a sector Greg considers a winner and mid-term hotels as a short-term loser.