Entries by cappartners

Tower Capital arranges $38M in hotel loans in nine months

Phoenix-based structured finance firm, Tower Capital, has arranged over $38 million in hotel loans over the past nine months and is quickly becoming one of the most active financiers in the hospitality sector in the southwestern U.S. It recently closed 869 keys across six properties, which comprised a Holiday Inn & Suites, two Comfort Inns, […]

Lender survey: Confident but cautious outlook

A shift in lender expectations suggests that financiers of U.S. hotels expect the current period of growth in hotel asset values to peak within the next year, according to the year-end release of the “2015 Hotel lender survey.” HENDERSONVILLE, Tennessee, and NEW YORK—A shift in lender expectations suggests that financiers of U.S. hotels expect the […]

Tower Capital Arranges $5.9M Acquisition Loan for Comfort Inn

PHOENIX—Structured finance firm Tower Capital arranged a $5.9-million acquisition loan on behalf of a Toronto-based hotel group to acquire a 122-room Comfort Inn here. The property is located off of the I-10 Freeway and W. 51st Ave. and is the site of a major freeway expansion that will connect the I-10 and 202 freeways. The […]

Multifamily Investment Sales Market

This bull market continues to charge ahead. By all accounts, the multifamily investment sales market has been on a bull run in recent years. The fact that the sector was the leader in the real estate recovery and continues to produce solid occupancies and rent growth has caught and held investor interest. And despite stiff […]

Commercial Property Outlook in a Rising Rate Environment

With an anticipated federal funds rate hike on the horizon, how will commercial real estate values be affected? As the Federal Reserve looks to normalize monetary policy after a sustained period of exceptionally low interest rates, some commercial real estate (CRE) investors, developers and lenders are worried that CRE values will be negatively affected under the assumption that when interest rates […]

Commercial Real Estate Finance Phoenix

Commercial real estate (CRE) is income-producing real estate that is used solely for business purposes, such as retail centers, office complexes, hotels and apartments. Financing – including the acquisition, development and construction of these properties – is typically accomplished through commercial real estate loans: mortgage loans secured by liens on commercial, rather than residential, property. […]