{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Hotel Deals Are Picking Up, But Closing Them Requires Creativity","description":"During last week's NYU IHIF, I talked with Ryan Bosch of Arriba Capital because hotel transactions have picked up, but closing deals still takes a lot more creativity than people may realize. Ryan sees a growing performance gap between hotels where owners continually invested in their properties during the last six years and hotels where owners delayed CapEx. Now that gap is showing up in value, refinancing pressure, and whether some owners decide they\u2019re better off selling. Deferred CapEx has split hotel performance inside the same markets Owners who continually invested in their properties now have stronger assets Some owners now face refinance pressure and larger cash-in requirements More sellers need a transaction, not another round of market testing Buyers still want \u201cmeat on the bone\u201d so they have room for value creation after closing Creative capital stacks and alternative financing help more hotel deals close Thanks to Actabl. Actabl gives you the power to profit. Visit actabl.com. Want the weekly roundup of news, videos, and what you might\u2019ve missed? Text HOTEL to 66866. ","author_name":"No Vacancy Live and No Vacancy News","author_url":"http:\/\/novacancy.libsyn.com\/podcast","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41586405\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41586405"}