Program Web Address
hospitalitybusiness.broad.msu.edu/
Abstract
In the early 1990s, the U.S. lodging industry witnessed a severe shortage of debt capital as traditional lenders exited the market. During this period hotel lending was revolutionized by the emergence of real estate debt securities. The author discusses key factors which have affected the growth and development of commercial mortgage backed securities and their changing role as a significant source of debt capital to the lodging industry.
Recommended Citation
Singh, A.J.
(2004)
"Securitization of Lodging Real Estate Finance,"
Hospitality Review: Vol. 22:
Iss.
1, Article 7.
Available at:
https://digitalcommons.fiu.edu/hospitalityreview/vol22/iss1/7
Included in
Finance Commons, Finance and Financial Management Commons, Hospitality Administration and Management Commons