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

By Erik Ransdell and Mike Annunziata Strands Realty Group April 2026 A year ago this month, the trade environment in the United States shifted in ways the hotel industry had not experienced in decades. Beginning in April 2025, a series of tariff actions introduced new duties on imported goods from nearly every major trading partner. What followed was a volatile sequence of rate changes, legal challenges, and trade negotiations that reshaped operating costs, construction econo

By Jimmy Leach & Anthony Annunziata Strands Realty Group March 16th, 2026 Something is changing in Costa Mesa, and it is moving faster than most owners realize. The City Council is actively considering a citywide rental registry program — a proposal that would require every housing provider to register their rental units, report detailed rental data, submit tenant notices directly to the city, and pay annual registration fees. A formal vote on whether to direct city staff to

By Erik Ransdell and Mike Annunziata Strands Realty Group March 2026 In early February, KBRA released its January 2026 CMBS loan performance report. Buried in the data was a number that should get the attention of every hotel owner in the country. Lodging delinquencies climbed 38 basis points in a single month, pushing the hotel CMBS delinquency rate to 5.94 percent. That figure, on its own, tells part of the story. But it becomes far more significant when you consider what i

By Erik Ransdell and Mike Annunziata Strands Realty Group February 2026 On October 6, 2025, something unusual happened. Marriott International, Hilton, and Wyndham Hotels and Resorts each launched a new collection brand on the same day. Within weeks, IHG Hotels and Resorts announced yet another. That kind of timing is not a coincidence. It is the clearest signal yet that the largest hotel companies in the world are locked in an aggressive, coordinated race to reshape how the

By Jimmy Leach and Anthony Annunziata Strands Realty Group February 9th, 2026 As 2026 begins, Orange County multifamily is moving into a different phase. This is no longer a market where performance is defined by rapid rent growth and easy leverage. It is a market where fundamentals still hold, but pricing and value are being determined by the cost of capital, financing structure, and how clean the operating story is. Across Orange County, owners and investors are no longer a

By Erik Ransdell and Mike Annunziata Strands Realty Group January 14th, 2026 As 2026 begins, artificial intelligence has moved into a different phase within the hotel industry. It is no longer a future-facing concept or a pilot program reserved for large brands. It is now a practical operating tool that is influencing margins, staffing decisions, guest engagement, and how hotel real estate is valued and traded. Across the U.S., hotel owners, operators, and investors are no lo

By Jimmy Leach & Anthony Annunziata Strands Realty Group December 17th, 2025 Now that we are closing out 2025, it is a good time to step back and ask a simple question: what actually happened in Orange County multifamily this year, and what does it mean for 2026 if you own, operate, or invest in apartments in Orange County? If 2025 had a theme, it was this: operations stayed strong, but transactions depended on financing, lender sizing, and seller expectations. Orange County

Photo: Hotel Del Coronado By Erik Ransdell and Mike Annunziata Strands Realty Group December 17th, 2025 Now that we are officially closing out 2025, it is a good time to step back and ask a simple question: what actually happened in the hotel market this year, and what does it mean for 2026 if you own, operate, or invest in hotels in California and across the U.S.? Instead of another year of headlines about “revenge travel” and rapid recovery, 2025 felt like a year where the

Strands Realty Group By Anthony Annunziata & Jimmy Leach If you could stretch your mortgage from 30 years to 50 — would you? At first, it sounds absurd. Who wants to be in debt for half a century? But in today’s high-rate environment, that longer term could quietly become one of the most effective tools to make deals actually pencil. Let’s unpack what that really means for investors — both small and large. What Actually Happens When You Stretch a Loan from 30 to 50 Years?

By Erik Ransdell and Mike Annunziata Strands Realty Group September 30th, 2025 The Federal Reserve's 25 basis point rate cut in...

By Anthony Annunziata & Jimmy Leach Strands Realty Group August 26, 2025 The multifamily investment landscape is preparing for a pivotal...

By Erik Ransdell and Mike Annunziata Strands Realty Group July 8th, 2025 We’ve officially hit the halfway point in the year, and 2025 is...

By Erik Ransdell and Mike Annunziata Strands Realty Group May 20th, 2025 Hotel owners across California just got a potential windfall in...

By Erik Ransdell & Mike Annunziata Strands Realty Group May 06, 2025 As cities across California continue to evaluate budget strategies...

By Erik Ransdell and Mike Annunziata Strands Realty Group April 24, 2025 In a year where headlines swing between economic caution and...

By Erik Ransdell & Mike Annunziata Strands Realty Group F ebruary 19, 2025 The California hospitality market is at a turning point....

Published: February 11th, 2025 By Anthony Annunziata & Jimmy Leach Executive Summary The Orange County multifamily market continues...

By Erik Ransdell and Mike Annunziata Strands Realty Group January 29th, 2025 After a difficult 2024, California’s hotel industry is...