SHERIDAN, WYOMING – March 7, 2025- Hunter Hotel Advisors, a prominent figure in the hospitality finance sector, recently announced the closure of significant financing deals totaling $60.2 million for seven strategic hotel properties across the United States. This move underscores the company's adeptness in navigating the complex financial landscapes and securing robust financing solutions for its clients.
Substantial Financing Closed Amidst Challenging Market Conditions: In a series of transactions that highlight the resilience and strategic planning of Hunter Hotel Advisors, the company successfully secured loans ranging from $5.73 million to $12.8 million, covering up to 85% of the total project costs. The financing, encompassing both SBA 7(a) and 504 loans, was orchestrated for properties including Extended Stay America Washington D.C. Chantilly Airport, VA; Extended Stay America Washington D.C. Chantilly, VA; Candlewood Suites Louisville Airport, KY; Candlewood Suites Indianapolis Airport, IN; Staybridge Suites Denver Tech Center, CO; Residence Inn Lake Charles, LA; and Fairfield Inn & Suites Atlanta Vinings/Galleria, GA.
Expert Insights on the Current Financing Landscape: Adeel Amin, SVP of Capital Markets at Hunter, shared his insights into the current economic environment and its impact on hotel financing. "The year 2024 ended on a strong note and a tailwind that’s propelling us into 2025," said Amin. He further highlighted the shifting trends toward traditional bank loans, particularly from local institutions, and the increasing popularity of innovative structures such as variable-rate SBA 504 programs. "As the market finds its footing in this evolving landscape, lending is increasingly dictated by debt-service coverage ratios (DSCR),” Amin added, noting that government-backed loans are expected to continue playing a crucial role in facilitating high-leverage financing.
Client Perspectives on Expanding Operations and Overcoming Financial Hurdles: Hemal Patel, CEO of Prada Hotels, expressed enthusiasm about expanding their portfolio into the Chantilly area. "The extended-stay market continues to thrive, and the locations are ideal for a hands-on operation such as ours. Given the volatility in the markets, financing presented some hurdles, but Adeel had effective solutions and guided us through the entire process,” Patel remarked.
Moreover, Minesh Deva of Lotus Hospitality Investments detailed their recent acquisition and the challenges they faced. "Lotus Hospitality Investments is expanding its portfolio with the acquisition of two Candlewood Suites properties in Kentucky and Indianapolis,” Deva stated. “Securing optimal financing for the underperforming assets proved challenging; however, we successfully navigated the complexities of government-backed lending to maximize leverage for both deals, while also structuring the financing to allow for a timely exit upon stabilization.”
Conclusion: Hunter Hotel Advisors continues to demonstrate its leadership in the hospitality finance industry by effectively managing complex financing structures and supporting its clients through fluctuating market conditions. These recent transactions not only facilitate growth and stability for the involved properties but also reflect the strength and resilience of the extended-stay market segment.
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