The recent opening of the newly renovated and reimagined Philadelphia Marriott Old City highlights the importance of the right hotel financing solutions for hospitality companies throughout the United States. This property now boasts 364 rooms and 17,000 square feet of meeting space, which sets it apart in the Philadelphia hospitality marketplace. Here are some of […]
Modular construction strategies are becoming more popular throughout the industry. The recent opening of the Bay Area’s first modular hotel project, Home2 Suites by Hilton, demonstrates this trend. Acquiring the right hotel loans will provide the necessary funding to explore modular building methods and to promote the highest return on investment. Here are some of […]
Taco Bell recently announced the newest addition to its lineup. Rather than a new restaurant location or menu item, this upcoming arrival is a theme hotel that offers accommodations designed for the most committed Taco Bell fans. The hotel has been dubbed “The Bell” and is expected to open on August 9, 2019 for a […]
Some of the most iconic and luxurious hotels in the world are undergoing renovations and updates to ensure their continuing success in the hospitality industry. The right hotel financing options are critical to provide financial support for these major projects. Many large-scale renovations and reconstructions are occurring in the hotel industry this year. The Hotel […]
Finding the right hotel loans help you make the most profitable investments in the hospitality industry. By monitoring current trends in the financial marketplace, you gain the understanding of right funding options for your upcoming acquisitions, renovations or expansions. There were many trends in the hotel lending marketplace for 2018 and 2019. Increased Fluidity in […]
Stonehill hit a record high in the first quarter, closing approximately $190 million in hotel financing. That follows a strong 2015, in which the Atlanta-based direct lender executed on 23 transactions. With a substantial number of projects already in the pipeline, the company is actively funding acquisitions and recapitalizations for both stabilized and transitional assets […]
ATLANTA–(BUSINESS WIRE)–Stonehill, an affiliate of Peachtree Hotel Group, today announced it will end the 2016 first quarter closing approximately $190 million in hotel financing. The record quarter follows a highly productive 2015 that saw the company execute on 23 transactions.
Executives at Stonehill transacted more than $150 million in debt financing after launching their lending vehicles in October. For 2015, the bar has been raised to $500 million.
After successfully closing $25 million in loans in December 2014 and an additional $65 million under signed application scheduled to close this month, Stonehill is primed to provide $500 million in hotel financing in 2015.
ATLANTA — (HOTEL BUSINESS) – Stonehill, an affiliate of Peachtree Hotel Group II, LLC, is looking to transact $500 million in fixed-rate permanent loans, floating-rate bridge loans, mezzanine debt, preferred equity and discounted note purchases this year.