Axonic Capital Managing Director Tyler Kimball was featured in PERE Credit to discuss how disciplined capital deployment is creating opportunity in today’s hotel market.
Hotel delinquency rates have risen as underfunded capex limits refinancing options and slows recovery across the sector. In this environment, Axonic is originating loans for well-located, full-service hotels where targeted capital investment can drive long-term value.
“Several years after COVID, demand levels in hotels have normalized across the board,” Kimball said. “With RevPAR stabilizing and supply and demand in balance, we’ve been able to be selective about where we want to play in hotel deals.”
Click here to read the full piece.