Post by Summer Street Advisors, LLC

Hilton Branded Hotels Show Highest CMBS Delinquency Rate Hotel owners operating under Hilton Hotel flagged properties, are more than twice as likely to be delinquent on securitized mortgage debt as the industry average, according to KBRA. Nearly 16% of Hilton backed CMBS debt is delinquent, compared to 7% for Marriott, 12.5% for IHG and just 2.8% for Hyatt. Troubled assets in San Francisco and Chicago account for a significant share of the distress. #CommercialRealEstate #Hospitality #Hotels #CMBS #Hilton https://lnkd.in/eGGPMA6r