Using commercial mortgage-backed securities, or CMBS debt, to fund acquisitions, especially for larger single-asset deals, has emerged as a preferred financing method for hotel buyers in the top 25 markets, and CMBS loans continue to be a preferred vehicle for lenders to participate in the asset class.
CMBS loans in the Top 25 hotel markets make up a large share of total US maturities
As loans come due, hotel owners may face a thorny decision: refinance, inject equity or sell
By Jan Freitag
CoStar AnalyticsJuly 15, 2026 | 8:15 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In