Author Archives: Brent Jaynes
SBA opens new doors
Most of us in the hotel bidness have heard or read about the new SBA 504 and 7 (a) enhancements passed recently in HR 5297. The highlights of the bill increased the maximums under the SBA 504 and 7 (a) loans to … Continue reading
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Good News!!! Development pipeline has slowed.
According in todays issue of Hotel News Now, STR/TRW/ Dodge is reporting a year over year decline of 24.2% in hotel construction starts. Every bit of positive news is helpful in today’s hospitality environment. I told one of my best … Continue reading
Posted in Industry News, Real Estate
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STR forecast somewhat encouraging
Smith Travel Research, through its on-line daily e-news publication Hotel News Now, released its projections for year end 2010, with two of the three major indicators predicted to increase. Year over year occupancy and RevPar are both expected to increase by approximately 4.3%, … Continue reading
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Historically low rates for SBA 504
Check this out!! The SBA posted its August rates for the 504 program and the effective rate is lowest it has been in 20 years. The 4.93% is the effective rate, which means the fees are included in the rate calculation. … Continue reading
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Leisure Real Estate Advisors has launched into the Blogosphere
Napoleon Hill, an American author, once said, “Don’t wait, the time will never be quite right”. And so it is with Leisure Real Estate Advisors and network media. I must admit, I have resisted for quite awhile, but we have finally … Continue reading »