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citybiz | September 13, 2022 MMCC strengthens national hotel financing platform with hire of Pete Fehlman Marcus & Millichap Capital Corporation (MMCC) , a leading provider of commercial real estate capital markets financing solutions, is pleased to announce the hiring of Pete Fehlman as...
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Midyear 2022 North American Hospitality Investment Forecast Report "The durability of hospitality investors cannot be overstated as the global pandemic begins to recede in the rear-view mirror. Finally, after two challenging years, performance metrics have begun to approach pre-pandemic levels...
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Coronavirus Alters Outlook for U.S. Hotel Sector as Investors Cautious, Face Significant Short-Term Headwinds; New Federal Stimulus Package Delivers Lifeline to Severely Impacted Sector Growing heath crisis pauses economic growth. The rapid and unanticipated spread of the new coronavirus (COVID-19...
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Houston Begins to Stabilize as New Supply Weighs on Statewide Occupancy Substantial job growth drives hotel needs in Texas’ largest cities. Dallas/Fort Worth and Houston lead the country in job creation for 2019 as each welcomes more than 100,000 new roles, support-ing both business and leisure...
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Occupancy Improves Regionwide, Driven by Gains in Smaller Markets Energy industry drives rapid demand growth in North Dakota. Oc-cupancy across the Upper Midwest states continues to steadily climb, highlighted by North Dakota. A recovery in energy prices over the past couple of years renewed shale...
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Summer Season Boosts Travel, Delivering Record Performance; Investor Caution Rising Amid Mixed Economic Outlook Hotel sector delivers record performance. Historically low unemploy-ment is contributing to higher wages and elevated consumer confidence, supporting record travel this year. Sentiment is...
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Trade War Escalates As White House Implements More Tariffs; China Retaliates Trade talks with China break down; protectionist policies accelerating. Following over a year of discussion with China, trade talks broke down, prompting the White House to raise tariffs to 25 percent on $200 billion of...
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Supply Boom Weighs on Occupancy in Dallas; Smaller Metros Attract Buyers Occupancy declines in major Texas markets amid growing hotel supply and readjustments from the hurricane. Hurricane Harvey lifted occupancy considerably in 2018. The rate will fall slightly this year as room nights adjusted...
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Conservative Investor Outlook Extends Real Estate Cycle as Economy Approaches 10th Year of Growth. Investors kick off 2019 with a favorable, though more cautious, outlook; Sentiment on par with past peak. By Beth Mattson-Teig Investors coming off another robust year of investment sales activity...
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Nebraska, Minnesota Lead Regional Occupancy Gains Oil industry rebound may support improvement in North Dakota moving forward. Occupancy declined slightly through-out the Upper Midwest region during the past 12 months ending in June as rates plummeted in several states. Iowa, North Dakota and South...
