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Hotel Construction Slows as Lending Dries Up for Projects Across the Country

June 6, 20233 Mins read1.3k
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Shopoff Realty Investments, Irvine, Dream Las Vegas, Silicon Valley Bank, Build Central, MCR Hotels, Hotel Equities, Caterpillar, Hilton Worldwide Holdings, Signature Bank, First Republic Bank, Western Alliance, Lightstone Group
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By The Registry Staff Tougher lending standards imposed by regional banks are creating obstacles for hotel developers in the United States, making it more difficult for them to secure funding and resulting in a slowdown in the construction of new hotels. This slowdown comes at a time when there is a high demand for travel […]

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Artemis Real Estate Partners, Artemis Fund IV, Healthcare Fund II, Blackstone, BREP X, Brookfield Asset Management, Brookfield Strategic Real Estate Partners IV, Los Angeles, Private Equity Previous post Seeing Significant and Rapid Dislocation in CRE, Artemis Raises $2.2B in Equity Commitments to Pursue Distressed Opportunities

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