Ashford Hospitality Trust Inc. plans to return 19 hotels to lenders, declining to pour more cash into the properties. These properties are part of a $982MM mortgage pool that missed a repayment deadline in June 2023. La Gorce Capital has been following these real estate trends and seeks out opportunistic opportunities in these tumultuous markets. Please click the link below to read more.
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Check out this PDF from pitchbook which covers much of our current work in the healthcare market!
The Wall Street Journal provides a succinct analysis on the level of foreign investment in the U.S. commercial real estate market that surpasses pre-pandemic levels.