Will obama bail them out also ? - commercial hotel loan
MIAMI - Like many homeowners are hotels at the beginning to drown in debt.
They have put the passengers throughout the year, offering sweet: Receivables in spas and restaurants, up to 50 per cent reduction of five four-star rooms, including free nights.
But that does not stop with an average occupancy of 10 percent. The result? Hotel loans have begun to commit crimes more quickly than any other type of commercial real estate debt.
The guidelines paint a bleak picture of an industry increasingly with the land, hotels and more open every day. This problem could get worse before improving new projects, with demand expected to remain weak and ambitious plan even before the escalation of the crisis room saturation.
Oversupply means that prices should remain in the news for at least another year, good for consumers, but not so great for owners of hotels and banks that lent them money to build or buy.
The rise in crime is high. Five times more hotel loans are in default in the payment of thisYears in the year 2008, trade under Mortgage Trepp LLC, the title of the investors. In October, 8.7 percent in difficulty, compared with 1.5 percent last year.
This is almost twice as high as 4.8 percent for commercial properties and the rate of 4.5 percent for the store.
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