By Erik Ransdell and Mike Annunziata Strands Realty Group August 2026 In March, in this newsletter, we called the World Cup the largest demand event in North American hotel history. By May we had corrected ourselves, writing that roughly 80% of properties in U.S. host markets were pacing below earlier forecasts, that FIFA room block releases had flooded specific weeks with inventory, and that revenue management plans built on the December booking surge needed revisiting. The

By Erik Ransdell and Mike Annunziata Strands Realty Group July 2026 For the better part of two years, the prevailing plan among leveraged hotel owners was simple: hold on, and let the Fed bail you out. Buy time, extend the loan, ride out the cycle, and refinance into cheaper money once the cuts arrived in 2026. It was a reasonable bet at the time. When we wrote in March about the $48 billion wall of hotel CMBS debt, the consensus was that the Federal Reserve had already begun

By Erik Ransdell and Mike Annunziata Strands Realty Group May 2026 On May 1, 2026, the largest single-asset hotel transaction of the year so far closed on Florida's Gulf Coast. A joint venture between Sculptor Real Estate Income Strategy and Trinity Investments paid $835 million, or $1,032,138 per key, for the 809-room JW Marriott Marco Island Beach Resort. The financing was a $690 million five-year, floating-rate CMBS loan from Wells Fargo and JPMorgan Chase, structured as a

By Jimmy Leach & Anthony Annunziata Strands Realty Group April 28th, 2026 What Every Anaheim Property Owner Needs to Know Right Now Something is moving in Anaheim, and the window to understand what it means for your property is shorter than most owners realize. A rent control and just cause eviction ballot measure is actively working its way toward the November 2026 ballot. Signatures are being collected right now. If this measure qualifies and passes, it would be one of the