Bullish on Hotel Debt, But Why? | benzinga.com
Bloomberg published this article yesterday emphasizing lenders' renewed interest in financing hotels. As the article points out, both JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) are actively pushing loan products in the hospitality space. Of course, both lenders are only interested in the highest quality product located in primary markets. Intuitively, we all realize that hotels have been one of, if not the, hardest hit property types...