real estate transactions
Q3 2024 Major U.S. Hotel Sales Survey
Daniel Lesser | October 21, 2024
By Daniel H. Lesser 2024 has been a turbulent year thus far as we have witnessed dramatic national and global events that may very well alter the course of history. During this past quarter alone: • Two assassination attempts were made on a former U.S. President who is a major party candidate once again in the upcoming election. • One month prior to this year’s Democratic National Convention, U.S. President Joe Biden, having earned sufficient delegates to be the party nominee, withdrew his candidacy and was replaced by the current Vice President Kamala Harris. • Nearly one year after the horrific events of October 7, 2023,...
Impact of Recent Interest Rate Increases on Commercial Real Estate Transactions and Pricing
Luigi Major | May 8, 2023
By Luigi Major The COVID-19 pandemic has had a profound effect on the global economy, leading to widespread inflationary pressures. Governments around the world responded with unprecedented levels of fiscal and monetary support to stimulate their economies, the impact of which was felt months later as economies reopened and consumers once again began spending. This trend, along with supply chain issues, led to a noticeable increase in the cost of goods and services. In response to the inflationary pressures resulting from these factors, the United States Federal Reserve System (known as the Fed) has embarked on an interest rate-hike c...
How to Reposition Hotel Real Estate: A Methodology
Jochen de Peuter | February 15, 2022
By Jochen de Peuter Ever-changing market factors, including external economic forces, shifting demand patterns and changing competitive pressures, can all influence a property's success and constantly require hotel property owners to re-evaluate their asset's position to improve its image, profitability and value. The Basics Hotels are different from other types of real estate because they involve both a special purpose real estate and a daily operation business. Repositioning a hotel is therefore a complex process with many moving parts. Repositioning hotel real estate involves many factors (market, economy, customers) ...
Paramount Capital Advisors Welcomes Matt Mitchell to the Team
Paramount Capital Advisors | September 28, 2020
Paramount Capital Advisors is pleased to announce the addition of Matt Mitchell to the team as Managing Director. Mitchell brings over 20 years of experience in commercial real estate, having worked in roles financing complex real estate transactions throughout the U.S. Most recently, Mitchell served as Senior Vice President with Hall Structured Finance (Hall) where his responsibilities included loan origination for their construction and bridge lending program. Mitchell was responsible for executing over $500 million of real estate transactions primarily focused on funding loans for the construction of hotels, multifamily and condo proj...
