Keyword: Real Capital Analytics
Hotels brokers are reporting very strong 2019 transaction volume, which is creating an upbeat attitude about sustained activity in 2020.
Investment in the country's hotels has fallen precipitously year over year, but some deals are still being signed.
Hotel real estate experts project sustained activity amid favorable conditions in lending and hotel performance.
The property sold for roughly $4 million less than when it was last sold in 2006, possibly due to security concerns.
Fed Chair Janet Yellen said the move by the central bank should be viewed as a vote of confidence in the U.S. economy.
While the winning streak of hotel performance is expected to plateau within the next year, hotel financing should still be available, albeit with a slightly different approach.