Community/Hotel/hospitality CRE bridge — anyone doing these post-COVID?
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Preston Wadebroker
Mar 13, 2026 at 8:00 AM
Hotel/hospitality CRE bridge — anyone doing these post-COVID?
I have a developer who wants to acquire a 45-room boutique hotel that's been underperforming. They have a solid repositioning plan. Pre-COVID this would have been straightforward but I'm not sure where the market is now. Are CRE bridge lenders back on hospitality?
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Thomas BlackwellbrokerMar 13, 2026 at 10:00 AM
Preston, hospitality CRE bridge has come back but it's selective. The lenders who are active want to see:
1. Strong market fundamentals (RevPAR recovery, occupancy trends)
2. Experienced operator — hospitality is operationally complex
3. Clear repositioning plan with realistic timeline and budget
4. Conservative LTV (55-65% max for most lenders)
5. Significant borrower equity and reserves
Boutique hotels in leisure markets have recovered well. Business travel markets are still mixed. What's the market?
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Preston WadebrokerMar 13, 2026 at 11:00 AM
Thomas — it's a leisure/destination market in the Southeast. Strong RevPAR recovery. The operator has 15 years of boutique hotel experience. Sounds like it might be placeable?
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Thomas BlackwellbrokerMar 13, 2026 at 12:00 PM
Leisure market + experienced operator is the best possible combination for hospitality bridge right now. DM me — I have 2 lenders who are active on exactly this profile.