Hyatt Hotels Corp.'s goal of transforming into an asset-light business is well on its way after several sales in the second quarter. During the company's second-quarter earnings call, President and CEO Mark Hoplamazian said it's been an active first half of the year for the company. Hyatt … [Read more...] about 6.24.22: HYATT’S BUSINESS STRENGTHENS FROM HOTEL SALES
Archives for June 2022
VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
ValueXpress obtained an $11-million CMBS conduit loan for the refinance of a 119-room Hilton Garden Inn located in Pascagoula, Mississippi. The 5-story property was constructed in 2014 and is the number one-rated hotel in the Pascagoula market, according to TripAdvisor. The loan refinanced a … [Read more...] about VALUEXPRESS ARRANGES $11,000,000 CMBS CONDUIT LOAN FOR THE REFINANCE OF A HILTON GARDEN INN IN PASCAGOULA, MS
6.1.22: CMBS MARKET FORGES AHEAD DESPITE MARKET HEADWINDS
The CMBS market is “business as usual” despite headwinds from many directions. First, the Russian invasion of Ukraine on February 24 sent a chill though the capital markets, including CMBS. Then, with supply chain issues occurring throughout much of the world, inflation has surged in 2022 to date. … [Read more...] about 6.1.22: CMBS MARKET FORGES AHEAD DESPITE MARKET HEADWINDS