Stonehill deploying $1.5B

Hotels – Stonehill to deploy US$1.25B in 2021: Stonehill, the Atlanta, Georgia-based commercial real estate direct lender, reported that it deployed US$612 million across 64 transactions year-to-date. The company expects to deploy approximately US$1.25 billion during 2021, a 74% increase from 2020. These transactions include first mortgage permanent and construction loans, bridge, mezzanine loans and hotel investments. Stonehill as a senior lender originates loans across the capital structure for acquisitions, construction, recapitalizations, refinancing, and renovations.