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S4 EP 219: The Resurgence of Hotels with Greg Friedman
REady2Scale - Real Estate Investing
"I would say by this time next year, my gut instinct is that capital markets for lodging will be very robust and there will be a lot of capital available to finance hotels; whether that be for construction loans or for acquiring or recapitalizing existing hotels."
While the pandemic was unprecedented for everyone, the hotel industry, particularly, was heavily impacted. Travel was nonexistence, and even a trip to the grocery store felt like a daunting task, let alone staying in a hotel. While the pandemic is not officially over, travel has resumed and many in the hotel industry have found a way to persevere. My guest this week, Greg Friedman, has promising predictions for the resurgence of the hotel industry. Listen in to learn how the industry performed during the pandemic, how the process of financing hotels has changed, and how to maximize lending terms to solidify your financial structure.
Key Takeaway:
Finding a lender you are able to have open communication with is key. A lender that has good communication means the process is able to run much more efficiently.
How to Contact Greg:
www.PeachTreeHotelGroup.com
Are you REady2Scale?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Production Credits:
Featuring: Ellie Perlman
Strategy: Jeannette Robinson
Digital Editing: Brenna Shelton
Audio Editing: WEP (We Edit Podcasts)
Special Guests: Greg Friedman
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