Access Point Financial (APF), a leading real estate private credit firm dedicated to the hospitality sector, has closed and committed to approximately $1.6 billion in financing for the hospitality industry.
This figure is the result of APF’s commitment to supporting the growth of hotel assets, with 51 properties included in their financing efforts this year.
The financing solutions provided by APF encompass a variety of financial products, such as direct bridge loans, mezzanine loans, construction loans, preferred equity, and specialized hotel-specific SASB CMBS investments.
The hotels benefiting from this influx of funding are spread across 20 states and are largely associated with reputable hospitality brands, including Marriott, Hilton, Hyatt, IHG, and Choice. This diverse geographical presence underscores APF’s commitment to enhancing the hospitality landscape in various markets.
In a notable expansion of its financial offerings, APF has significantly increased its focus on construction loans. The firm now offers higher-leverage solutions, catering to the evolving needs of the hospitality market and positioning itself as a key player in hotel construction financing.
Looking ahead, APF is enhancing its capital markets initiatives and has considerably expanded its network of partners, setting the stage for future growth. The company’s pipeline of potential projects remains robust and has seen a noticeable increase since Labor Day. This sustained momentum indicates a bright outlook for APF in the coming years as it continues to foster growth within the hospitality sector.
KEY QUOTES:
“In today’s challenging markets, creative capital solutions are no longer optional — they’re essential. We have been working diligently to provide our clients with innovative, alternative routes to successfully finance their hotel projects. APF is open for business, and we stand ready to deploy capital quickly and decisively for a diverse and growing group of hotel owners.”
“We know there is a need and have made a concerted effort to offer capital solutions for that part of the market. The current U.S. hotel pipeline exceeds 6,200 hotel projects, creating a great opportunity to work with proven hotel developers developing strong brands.”
“With over a billion dollars of capacity and growing, we want to make sure the hotel sector and those who finance it know we are a growing platform.”
“We feel there is no shortage of hotel owners in need of capital solutions. The goal is to be able to underwrite an outcome that is workable for all parties. Encouragingly, we find ourselves repeatedly winning transactions with sophisticated sponsors by offering high-leverage structures combined with a lot of flexibility that you can’t get from many other capital sources, especially with portfolio transactions. This has been a bright spot for us, allowing us to demonstrate the flexibility and execution certainty we provide over many other capital providers.”
Mike Lipson, CEO of Access Point Financial
