Hotels

Half a year ago, the world looked very different.

Maxim Capital Group has provided JDS Development Group with the acquisition and construction financing to develop a 64-story project, spanning a full city block.

But there are some clouds on the horizon.

There are strong opinions in the market both ways about cap rate direction.

Fire sale of Midtown hotels continues as Hilton Times Square is sold for 35% of its last purchase price.

The Trepp LifeComps portfolio saw a negative return in the first quarter of 2022.

Leisure and hospitality as well as transportation and warehousing saw particularly strong growth, which could have positive news for those CRE sectors.

In just two years, we went from a very bleak, uncertain future to a comparatively stable positive outlook.