Stonehill Ranked Among the Largest Hotel Commercial Real Estate Lenders in U.S.
ATLANTA–Stonehill, a commercial real estate direct lender, announced that it was ranked as the tenth-largest U.S. commercial real estate hotel lender by origination volume based on the 2021 Mortgage Bankers Association (“MBA”) loan origination rankings. In 2021, Stonehill originated $822 million in loans across 30 transactions, with an average transaction size of $27.4 million.
“We are honored to be ranked in the MBA’s leading industry list,” said Mat Crosswy, Stonehill’s president and managing principal. “Our top-ten position is a testament to our commitment to understanding our sponsors’ business plans and accomplishing the transactions on their financial deadlines.
“We have a terrific opportunity to grow further as the hospitality industry is in a sustained recovery cycle. Hotel owners are looking for thoughtful options with capital partners that understand the industry’s nuances, particularly considering the impact of the pandemic on hotel operators.”
MBA’s annual originations rankings report is a comprehensive set of listings of 149 commercial/multifamily mortgage originators, their 2021 volumes, and their different roles.