Hotel investing means owning lodging properties that rent rooms to guests on a nightly basis, generating revenue through room rates, occupancy, and ancillary services.
Log in to followI run a handful of small rental units, so I know what operations feel like, and hotels look like operations with the volume turned all the way up. I don't want any of it. What I d…
Reading a sponsor's reserve policy and it says three months of debt service plus the lender's FF&E escrow at 4% of gross. That struck me as thin, so I went looking for what thick…
I bid $164k to redo roofs, 26 guest bathrooms, and replace eight through-wall HVAC units at a small independent lodge near a state park. Seasonal place, exterior corridors, family…
Underwriting is my day job, and this asset class has never come across my desk, so I'm asking the entry-level question deliberately. Every hotel deal that crosses my desk is $8M a…
I move slowly on everything, and I've been circling this sector for about a year without doing anything. What's stopping me is the timing question, and I'd like to see how the roo…
Sorting through four offerings and they're all the same asset class on paper and nothing alike underneath. Trying to make the segment choice explicit rather than picking whichever…