Lodging Leaders
310 | Hotels Convert to Housing: Federal COVID-19-relief funds fuel transactions
Though the hotel transaction pace has slowed during the coronavirus pandemic, an influx of hundreds of millions of dollars in federal pandemic-relief money boosted by state and local government grants is fueling the sale of lodging assets to affordable-housing developers.
Episode 310 of Lodging Leaders podcast is the first of a two-part series examining what it takes to convert a hotel into long-term housing.