Stonehill, a commercial real estate direct lender, announced that it was ranked the tenth largest commercial real estate hotel lender in the United States by origination volume based on the Mortgage Bankers Association’s 2021 rankings ( “MBA”). In 2021, Stonehill originated $822m in loans across 30 deals, with an average deal size of $27.4m.
“We are honored to be named to the MBA Industry Leaders List,” said Mat Crosswy, President and CEO of Stonehill. “Our top ten position demonstrates our commitment to understanding our sponsors’ business plans and completing transactions within financial timelines.
“We have a tremendous opportunity to grow further as the hospitality industry is in a cycle of sustained recovery. Hotel owners are looking for thoughtful options with financial partners who understand the nuances of the industry, especially given the impact of the pandemic on hoteliers.
The annual MBA Origination Ranking Report is a comprehensive set of listings of 149 commercial/multi-family mortgage originators, their 2021 volumes, and their various roles.
About Stone Hill
Stonehill is primarily focused on financing revolving loans, bridge loans, mezzanine loans and preferred equity investments backed by limited and selective service and compact full-service hotel assets. Since its inception in 2013, Stonehill has issued more than $3.5 billion in loans for hotel projects seeking capital to complete acquisitions, recapitalizations, refinancings and renovations. For more information, please visit www.stonehillsc.com.