Short-term rentals break the rating playbook. Lenders cannot afford to ignore this

Short-term rentals (STRs) have evolved from a niche investment strategy to a sustainable, institutionalized asset class. What hasn’t evolved at the same pace is how much lenders and valuation teams are approaching STR revenue risk. As investors become more sophisticated and DSCR (Debt Service Coverage Ratio) lending continues to grow, assessment has shifted from a […]