Aries Hospitality Group LLC, Chicago, has formed an alliance with HI Group LLC, a commercial real estate investment banking firm with offices in Chicago and New York, according to Aries Hospitality's mortgage banking affiliate, Aries Capital. The alliance will provide hotel investment banking to source, process, and close mid-market and upscale hotel equity and sales transactions in the United States, Europe, and the Caribbean, Aries said. "Hotel transactions today are larger and more complicated than ever," said Neil D. Freeman, chairman and chief executive officer of Aries Capital. "Successful execution requires an in-depth knowledge of brands, capital sources, and development. Our professionals have the expertise and relationships with domestic and international investors to ensure that the goals in each transaction are achieved." The companies can be found on the Web at http://www.ariescapital.com and http://www.higroup.net.
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Developments like the downward swing in total jobs reported Friday, inflation and AI have made nonbank employment more complex and volatile this year.
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Single-family mortgages originated with new scores have been put into private securitizations but these typically have been submitted alongside classic FICOs.
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The collaboration comes after HUD issued several other updates earlier this year aimed at increasing affordability through loosened homebuilding policy.
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Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.
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Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
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A Treasury proposal would remove race and ethnicity from the criteria community development financial institutions can use to establish a targeted market population, a move that could affect institutions serving minority communities.
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