Clopton Capital, a commercial mortgage provider based in Chicago, has announced that it is expanding into hotel financing.
According to the company, Clopton Capital will provide hotel financing via its proprietary network of banks and lending conduits. The company believes that the hotel sector is poised to grow significantly in demand in the next decade.
‘Hotel financing is a massive market in America,’ says Jake Clopton, founder and CEO. ‘We are very lucky to be able to tap into it now and make a name for ourselves as a leader in the business. It ties nicely in with our commercial mortgage business, and it's great to be able to help yet another type of commercial real estate owner.’