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Why Lenders Are Hot for Hotel Construction Deals

There is robust capital for quality hotel construction projects on the West Coast, thanks to solid demand for hospitality and strong economic outlook.

Davies Malcom

Lenders are showing strong interest in hotel construction projects. BPM Real Estate Group has secured $115 million to build a 326-room, four-star Radisson Blu hotel in Anaheim in a deal that illustrates the robust capital interest for hotel projects. Lender demand is driven by strong hospitality as well as economic fundamentals. 3650 REIT funded the project, which is located adjacent to Disneyland.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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