An estimated $126 billion in commercial real estate will be forced to sell at distressed prices through 2022, more than the first two years after...
December 16, 2020
Hospitality
December 16, 2020
December 14, 2020
Distress Signals: Special Servicers Are Keeping Busy as 2020 Draws to a Close
Distress in hotel loans and other asset classes, such as retail, which have been negatively impacted by the pandemic, may have crested and it won’t get much worse, according to...
December 2, 2020
The Hotel Sector Prepares for a Long Winter
A hard winter is coming for many hotel properties. But lodging assets that survive can look forward to a more...
November 18, 2020
Correction: Virus Outbreak-Business Travel story
Brandon Contreras represents the worst fears of the lucrative business travel industry...
November 3, 2020
Pandemic Weighs on US Hotel Performance in Week Ended Oct. 24 – STR
U.S. hotel performance in the week ended Oct. 24 remained impacted by the coronavirus pandemic, with revenue per available room declining...
November 2, 2020
W.P. Carey Inc. Reports 2020 Third Quarter Results
W.P. Carey Inc. (NYSE: WPC) the sponsor of several nontraded REIT programs, announced its third quarter results on October 30, 2020. Among the results reported were...
October 30, 2020
Procaccianti Hotels Reduces Distributions for Q3 2020
On October 27, 2020, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. (the “Company”) authorized the payment of distributions out of legally available...
October 27, 2020
US Hotel Occupancy Stays at 50% in Week Ended October 17 – STR
U.S. hotel occupancy in the week ended Oct. 17 remained level with the previous week at 50.1%, according to the latest weekly data from...
October 21, 2020
Commercial REITs for Small Investors See Increasing Demand
A new type of commercial real-estate fund that targets small investors is raking in money again after demand cooled during the early months of the...
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