My last resort is to borrow from myself.

All of the other “players”… politely walk away and don’t look back.

Marriott resort in San Antonio to add to its stable of meeting-oriented hotels for $800 million.

We have condos in a resort with great amenities and no risk of flooding due to hurricanes.

The institionalized players typically have 100-200 BPS lower rates than standard hard money lending players but they're clunky and have lots of requirements its almost like the instituional HML should be called "hybrid hard money or hybrid bridge money," because of all these requirements.When we're working with those instutionalized players we usually have to do almost as much work as a conventional loan (1-4 fannie, not quite but almost as much).If you'd like to learn more about the different options or get a sounding board on what options are out there feel free to reach out and we can talk shop.

I am going to assume, then it might make sense to go with a major player in the dst's.

However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

I do however know a few people that have scaled up STR businesses here, like one friend/client who has 12 and there are some bigger players for sure.

My opinion, I think they (Stone County P&Z) don't want to issue more of these permits because they have these purpose built developments scattered throughout the area that have resort amenities and are meant for vacation rentals and they are of the opinion that we've got plenty and need to reserve housing supply for residents.

There are hundreds of hotels and resorts, with better location due to city regulation.