Investors get creative to fund deals

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21 February 2012
By Patrick Mayock
News Editor-International
patrick@hotelnewsnow.com
Story Highlights
  • Mark Laport of Concord Hospitality relied on tax incentives and other city credits to get a new project off the ground in Cleveland.
  • Franchisors like InterContinental Hotels Group and Choice Hotels International are contributing equity to fuel brand development.
  • The EB-5 visa program is a difficult but rewarding alternative to traditional equity fundraising

Developers and investors are facing “unusual circumstances” to get financing for new hotel construction.
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