There's no shortage of debt for income-producing assets in today’s market. The challenges for most sponsors lies in finding equity on income-producing assets or debt capital for value-add, transitional assets.
Plenty of lenders are actively pursuing office, industrial, and retail assets. And while hospitality presents a few challenges in the current lending environment, there is capital available for high-quality hotel assets with seasoned sponsors. But, overwhelmingly, commercial real estate capital is chasing multifamily aggressively in any asset class everywhere and that won’t change for 2018.