by David Repka Bison announces their 2nd closing and funding for a local family that invests in turnaround properties. Overview: $4.82 million acquisition loan Hotel to multifamily conversion loan to acquire an underutilized property in Downtown Tampa, Florida In Read More
Tag: hospitality
How Does an Entrepreneurial Real Estate Investor Compete in 2014?
By David Repka Investors of every risk profile have returned to the commercial real estate marketplace looking for compelling, risk adjusted investment opportunities. 2014 will go down in history as the year “normalcy” returned to the marketplace. The increase in competition Read More
Bison Looks Back on 2013 as Another Year Fades Into the Sunset
Bison Financial Group looks back on 2013 as Q4 is already here…. all things considered we are very encouraged by the year to date as investors across the entire risk spectrum have woken up from a 5-year nap and are hungry Read More
Looking to Buy Hotels and ALFs in Florida
We’ve received a mandate from one of the private equity funds we advise to find compelling investment opportunities in the hospitality and assisted living sectors in these 23 Florida Counties: • Gulf Coast Area: Levy, Citrus, Hernando, Pasco • Tampa Bay Area: Read More
Are Hotel Foreclosures an Oncoming ’Train Wreck’?
Hospitality industry expert, Steve Van (pictured right), sees trouble ahead with foreclosures in the hotel sector. BLOGGER COMMENT listed below by David Repka of Bison Financial Group. Steve Van hates being the pessimist, but he can’t help it. The CEO of Prism Hotels Read More
CMBS 2.0: Crack is back!
I have been contacted by more lenders in the past 30 days than in the past 30 months… combined. I’m especially excited about the return of the CMBS marketplace. Get ready for the return of cheap, plentiful, non-recourse capital to Read More
CMBS 2.0 – Is it Real? What does it look like?
Yesterday I spent an hour on a conference call with a national lender that is putting their money where there mouth is and has started to actively quote on income producing commercial real estate loans to be aggregated for a Read More
How I Built It: Barry Sternlicht of Starwood Capital
Follow this link to view an inspirational 4-minute interview with Barry Sternlicht, the founder of Starwood Capital, to learn what motivated a then 31-year old unemployed young man to take the leap of faith and start his own business. From Read More
Luxury hotels that borrowed during the boom face default
[youtube=http://www.youtube.com/watch?v=d_J28rip1Ms] The lingering recession is leaving $850 a night hotel rooms empty. Large, luxury hotels are in default with their lenders. Read More