📊 Topic

Select-service hotel development

2 stories · First covered Mar 8, 2026 · Latest May 5
Related: Hotel development financing 1 Houston hotel market 1 CMBS hotel loans 1 Federal Reserve 1 Hotel refinancing crisis 1 Construction loan rates 1 Hotel debt service 1 American Bankers Association 1 Goldman Sachs 1 Boston Federal Reserve 1 Hotel owner equity injection 1 Floating-rate construction loans 1
Competes with Construction loan rates
Select-service hotel development Coverage
Office Defaults Hit a 10-Year High. Hotel Developers Should Be on the Phone With Receivers Right Now.
Development
May 5

Office Defaults Hit a 10-Year High. Hotel Developers Should Be on the Phone With Receivers Right Now.

CMBS office delinquency hit 12.34% in January 2026 and distressed sales surged to $4.3 billion last year. The conversion math at 40-60% below replacement cost looks compelling on paper, but the gap between "viable candidate" and "operating hotel" is where the real risk lives.

JC
Jordan Chen 3 min read · May 5
The Fed Just Handed Well-Capitalized Buyers a $48 Billion Shopping List
Development Primary
Mar 8

The Fed Just Handed Well-Capitalized Buyers a $48 Billion Shopping List

The federal funds rate stays at 3.50%-3.75% through March, with cuts now pushed to late 2026 at the earliest. For hotel owners sitting on maturing CMBS debt, the math just got brutal.

JC
Jordan Chen 2 min read · Mar 8