While banks are more stringent with lending for hotel construction projects, this doesn’t signal a complete halt in development. Private and alternative lending sources, entering secondary and tertiary markets, and eyeing modular off-site building are paving the way for continued hotel development where speed-to-market without sacrificing quality and a quicker ROI are the worthwhile rewards.

The rehabilitation and wellness service company leased nearly 7,000 square feet of office space in Frisco, Texas. The firm is set to move its corporate headquarters from Plano.