📊 Topic

Hotel loan refinancing

2 stories · First covered Mar 16, 2026 · Latest Apr 12
Related: Select-Service Hotels 2 Deferred maintenance 1 Private equity 1 Brand Conversion Requirements 1 Property Improvement Plans (PIP) 1 Special Servicing 1 CMBS hotel loans 1 Federal Reserve 1 Distressed hotel acquisitions 1 JPMorgan 1 Hotel REITs 1 Office-to-hotel conversion 1
Hotel loan refinancing Coverage
$114 Billion in Hotel Loans Mature by 2027. Most Were Underwritten for a World That No Longer Exists.
Transactions Primary
Apr 12

$114 Billion in Hotel Loans Mature by 2027. Most Were Underwritten for a World That No Longer Exists.

March CPI just printed at 3.3% and the Fed is now discussing hikes instead of cuts. If your hotel acquisition was underwritten assuming SOFR would be 150-200 basis points lower by now, the refinancing math isn't tight... it's broken.

JC
Jordan Chen 3 min read · Apr 12
$48B in Hotel Loan Maturities Is About to Sort Owners Into Winners and Casualties
Transactions Primary
Mar 16

$48B in Hotel Loan Maturities Is About to Sort Owners Into Winners and Casualties

The extend-and-pretend era is ending. Owners who borrowed at 3.5% in 2021 are about to refinance at 7%, and the math on that gap is brutal.

JC
Jordan Chen 3 min read · Mar 16