‍Stonehill Ranked Among the Largest Hotel CRE Lenders in U.S.

Stonehill, a commercial real estate direct lender, ranked as the 8th largest U.S. commercial real estate hotel lender by the Mortgage Bankers Association ("MBA") 2022 loan origination rankings, a two-spot increase from the 2021 rankings. In 2022, Stonehill deployed $1.2 billion in real estate investment, with $813 million related to hotels.

Stonehill  was also ranked as the 16th largest U.S. commercial real estate retail lender by MBA, having deployed $163 million in 2022.  

"Our performance is a testament to our commitment to understanding our sponsors' business plans and accomplishing the transactions by having stable capital despite market turbulence,” said Mat Crosswy, Stonehill's president and managing principal.

Last year, Stonehill expanded its commercial lending business to originate and make investments across all real estate sectors by forming Stonehill CRE. This CRE group focuses on heavy transitional assets and sectors of the credit market that are traditionally undersupplied.  

"Amid economic volatility and rising interest rates, traditional lenders have pulled back on real estate lending, creating a dislocation in the capital markets. At Stonehill, we have spent years building our capital formation, allowing us to originate loans and provide financing to real estate owners across all sectors looking to execute their business plans, even during periods of uncertainty," said Daniel Siegel, president, Stonehill CRE.

MBA's annual originations rankings report is a comprehensive set of listings of 149 commercial/multifamily mortgage originators, their 2022 volumes, and their different roles.

About Stonehill

Stonehill, a part of Peachtree Group, is a direct lender providing permanent loans, bridge loans, mezzanine loans, commercial property assessed clean energy (CPACE) financing and preferred equity investments secured primarily by hotel assets. Founded in 2013, Stonehill provides creative finance solutions for acquisitions, recapitalizations, refinancings and renovations and has completed over 510 transactions totaling over $5.4 billion. The principals of Stonehill have combined to originate, structure or purchase over $10.0 billion of debt.

Related posts

If you enjoyed this article, read through these related press releases and insights.
No items found.