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Fitch: US Hotel Debt Capital Access Good, Some Concerns Present

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NEW YORK--(BUSINESS WIRE)--Lenders will continue to make debt capital widely available but some evidence of weaker loan underwriting standards and non-economic development as well as the shadow lender impact on the lending environment are longer term concerns, according to Fitch Ratings. Secured property-level mortgage lenders are constructive on hotel collateral, given higher yields/returns relative to other commercial property types (i.e. multifamily). In addition, balance sheet lenders acros

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