Hospitality Lender Participated in Direct Bridge, Mezzanine Loans and Hotel-Specific CMBS Refinancing
ATLANTA, Jan. 6, 2025—Officials of Access Point Financial (APF), a direct capital provider focused exclusively on the hospitality industry, today announced the company was involved in more than $2.0 billion in hotel financing in 2024, a record year for the company. The transactions were a combination of approximately $0.5 billion in direct bridge and mezzanine loan commitments, as well as participating in $1.6 billion of SASB hotel originations via the purchases of HRR/G/H and bond classes for hotel specific CMBS refinancings.
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Officials of Access Point Financial (APF), a direct capital provider focused exclusively on the hospitality industry, today announced the company was involved in more than $2.0 billion in hotel financing in 2024, a record year for the company, including a $44 million Hilton portfolio in Fla. (Hilton Garden Inn Sarasota-Braden Airport pictured). (Graphic: Business Wire)
“2024 has been a transformational year for us, as we were able to successfully provide and/or participate in the funding for 110 hotels totaling approximately $2.1 billion for branded and independent properties in multiple segments,” said Michael I. Lipson, CEO & chairman of the board, APF. “We pride ourselves on being an aggressive capital solution provider that can deliver quickly with surety of execution in this environment. APF has grown over the past two years to become a competitive hotel lender for large, high-quality portfolios and single asset deals, and we look forward to taking this momentum into 2025. We want the hotel capital community to know that they should be speaking to us if they aren’t already as we have a lot of capacity and flexibility to meet their needs in 2025.”
2024 transactions included:
- Marriott Portfolio, Mid-Atlantic: $53mm
- Hilton Portfolio, Fla.: $44mm
- Marriott Portfolio, S.C.: $60mm
- IHG Portfolio, Ill.: $35mm
- Construction Loan / Extended Stay Brand, Calif.: $18mm
- MCR Portfolio, Nationwide: $90mm/CMBS
- Atrium Portfolio, Nationwide: $133mm/CMBS
“2024 saw us move to where our clients needed us to be and reinforce our commitment to being a creative and aggressive capital solution, and not just for single asset loans,” said James Reivitis, chief development officer, APF. “Our nimbleness and ability to respond quickly allows us to work with sponsors to create solutions that benefit all stakeholders. We look forward to expanding our existing partnerships and forging new ones in the coming year as we look to be the premier capital provider in the hospitality space. We have the capacity to do it all—construction, bridge, fixed, mezzanine, note financing—and we think we are going to be very competitive in 2025. We want the hotel capital community to know that we are open for business—all deals, all sizes.”
About Access Point Financial
Founded in 2011, Atlanta-based Access Point Financial (APF) is a direct, full-service specialty lender focused on the hospitality industry, offering a full-service lending & advisory platform that provides financing to qualified hotel franchisees of all major brands and independent boutique hotels throughout the United States & Canada. For additional information and key contacts, please visit www.accesspointfinancial.com.
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Contacts
Chris Daly, media
(703) 864-5553
chris@dalygray.com
