More Hotels For South Bay

TMC Financing CEO Barbara Morrison—and another panelist next week—loves shelling out tourism dollars. (Check out that sunny smile in Baja.) We just got off the phone with her while on vacation in Ashland, Ore. for the Shakespeare Festival, where she's binging on plays and river rafting with a group of friends. TMC lends on hospitality projects throughout California, having recently done a $40M deal for a ground-up construction project outside of Yosemite. She's pursuing smaller flags, like the new Marriott brand called Fairfield Inn and Suites in South S.F. As far as financing is concerned, the challenge is finding someone who wants to do the construction piece. Meanwhile, acquisition financing is getting easier to find.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

Stanford Pursuing $100M Fund For A 2M SF Expansion

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

Daniel Negari Buys Downtown LA Hotel For $34M

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Luxury Marriott Hotel Will Take Space In Charlotte Office Conversion

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Renovate Or Raze: K-12 Developers, School Districts Face Difficult Development Choices

Republican Midterm Convention Could Fill More Than 5,000 Hotel Rooms In Dallas

Lone Star JV Buys 2M SF R&D Portfolio In Silicon Valley

In Booming Silicon Valley, Architecture Firm Revel Meets Clients Where They Are

Union Contracts Expire At 46 Chicago Hotels, With Potential Strike Looming