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  1. #1
    Member Reputation points: 10
    Join Date
    Oct 2016
    Location
    So.Calif.
    Posts
    8

    Hospitality

    We're dusting off our motel/hotel lists & would like to line up a lender or two for loans (not MCA)
    If you enterain this area, send us a note.
    Thank you.

  2. #2
    Senior Member Reputation points: 270957
    Join Date
    Mar 2015
    Location
    Boynton Beach, FL
    Posts
    2,936

    During the 2008-2010 eco crisis a few private funds made a fortune in that industry. Most were doing $25Mil + deals. Some pretty well known folks too.....

    Michael Dell
    Magic Johnson

    I was an investment banker back then and placed a few larger deals. Some where refinancing, but most were note purchases. The former will likely happen soon as banks force some property owners to do something. The later will certainly happen soon after as the industry has very few traditional homes for deals right now.....

    Office Buildings and shopping centers will also be hitting the market over the next 24 months.....
    Kevin Henry
    Managing Director-To Be Announced 4/19/2021
    609-273-6325
    Boynton Beach, FL

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