Finding the right hotel lending solutions can boost your profitability in the competitive marketplace. Understanding the complex hotel underwriting process can be a good first step toward qualifying for the funding you need to expand or to refinance your hotel. Here are some key points to remember about your hotel financing options and the best […]
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.
ATLANTA — (HOTEL BUSINESS) – Stonehill, an affiliate of Peachtree Hotel Group II, LLC, has unveiled the first closing of Stonehill Credit Opportunity Fund, with initial equity commitments to purchase approximately $50 million of interests.
ATLANTA – (BUSINESS WIRE) – Stonehill an affiliate of Peachtree Hotel Group focused on hotel financing, today announced that it has ramped up its lending platform and plans to deploy approximately $200 million, primarily in mezzanine and bridge loans for hotel assets and development over the next 12 months. The company targets the $1 million […]
While large institutional investors, equity fund managers and big players with deep pockets like GE Capital trolled the crowd at ALIS seeking deals, a school of short-term investors also baited their hooks in hopes of catching high-yield transactions.