INVESTMENT
Deal Starter
WHY TAKING ADVANTAGE OF A USDA LOAN MIGHT BE THE SMART MOVE TO FUND YOUR NEXT HOTEL PROJECT .
By DAVID EISEN
F
inancing ground-up hotel development is one of the most challenging endeavors right now , with higher borrowing costs that don ’ t appear to be loosening anytime soon , as the Federal Reserve races to tamp down the economy through one of its most potent instruments : raising interest rates .
To get projects going , savvy investors have to look for other means to finance their projects beyond the traditional methods . One way is through a government-backed USDA loan .
66 hotelsmag . com Nov / Dec 2023