5 things to know: 26 November 2013

HNN’s Ed Watkins reported from the conference that financing is plentiful, especially for hotel acquisitions and refinancing, and even for new development. Rates and terms are also favorable.
“There’s more money in the market today than at any time in the last 30 years,” said Robert Sonnenblick, chairman and principal of Sonnenblick Development LLC. “There’s lots of competition among lenders to make deals.”
– See more at: http://www.hotelnewsnow.com/article/12732#sthash.MrtK4LeX.dpuf