Hotel market to see continued transactions growth, experts say

03/27/2014 | Hotel Management online

Increasing interest by lenders and the emergence of creative lending strategies will likely boost transactions volume and pricing in the lodging industry, several experts say. Investors looking to refinance properties are also getting support from a rise in commercial mortgage-backed securities. "A lot of developers opened properties before the recession and now in the last 12 to 16 months there have been [refinancings]," said Michael Yu, Marcus & Millichap's vice president of investments.

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