{"id":492,"date":"2016-04-08T16:36:59","date_gmt":"2016-04-08T21:36:59","guid":{"rendered":"http:\/\/opencomps.com\/blog\/?p=492"},"modified":"2016-08-23T00:17:11","modified_gmt":"2016-08-23T05:17:11","slug":"now-tracking-developments-financings","status":"publish","type":"post","link":"https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/","title":{"rendered":"Now Tracking: Developments and Financings"},"content":{"rendered":"<p>Some of you may have noticed that, over the past few weeks, the transaction list has gotten very GREEN, a lot less pale blue and maybe just a little bit dark blue. That&#8217;s because we added two new transaction types to our research coverage: <strong>new developments<\/strong> and <strong>financings<\/strong> (debt comps).<\/p>\n<p>As part of our re-focus <a href=\"https:\/\/www.opencomps.com\/blog\/2016\/02\/opencomps-is-now-hotel-only\/\">on hotel only<\/a>, we are looking to significantly expand our coverage of the sector as well as introduce new features. While previously we covered <strong>what sold<\/strong> (comps) and <strong>what&#8217;s on the market<\/strong> (<a href=\"https:\/\/www.opencomps.com\/blog\/2014\/02\/listings-on-opencomps\/\">for sale<\/a>), we are now expanding to also cover <strong>what&#8217;s coming into a market<\/strong> (developments) and <strong>what has been (re)financed<\/strong> (debt comps). We think this should significantly increase OpenComps&#8217; value to hospitality investment professionals who would like to dig in or stay on top of a specific market.<\/p>\n<p>For developments, we are covering hotels that are in <strong>planning<\/strong> (proposed), <strong>permitted<\/strong>, <strong>in construction<\/strong>, and <strong>opened<\/strong> (or <strong>cancelled<\/strong>). Take a look at this recent\u00a0<a href=\"https:\/\/www.opencomps.com\/blog\/2016\/04\/feature-review-advanced-search\/\">Advanced Search<\/a> for developments in New York, NY.<\/p>\n<div id='gallery-1' class='gallery galleryid-492 gallery-columns-2 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/screen-shot-2016-04-08-at-1-48-00-pm\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.48.00-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"New York, NY Developments List View\" aria-describedby=\"gallery-1-493\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-493'>\n\t\t\t\tNew York, NY Developments List View\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/screen-shot-2016-04-08-at-1-48-09-pm\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.48.09-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"New York, NY Developments Map View\" aria-describedby=\"gallery-1-494\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-494'>\n\t\t\t\tNew York, NY Developments Map View\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n\n<p>Or if you are looking to capture a broader area view of the area (say, include the Brooklyn developments too), you can use the <a href=\"https:\/\/www.opencomps.com\/blog\/2014\/09\/new-features-2\/\">Proximity feature<\/a> of the <a href=\"https:\/\/www.opencomps.com\/blog\/2016\/04\/feature-review-advanced-search\/\">Advanced Search<\/a> and set yourself a radius search, like this.<\/p>\n<p><a href=\"http:\/\/opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM.png\" rel=\"attachment wp-att-495\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-495\" src=\"http:\/\/opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-1024x1014.png\" alt=\"NYC Developments Radius Search\" width=\"625\" height=\"619\" srcset=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-1024x1014.png 1024w, https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-150x150.png 150w, https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-300x297.png 300w, https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-768x761.png 768w, https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-1.51.28-PM-624x618.png 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p>Don&#8217;t forget our <strong>Insights section<\/strong>, which can provide you with interesting overviews related to developments, like which are the most popular brands, states or cities with most activity, or who is lending on construction. PRO users can use Advanced Filters for more precise analysis.<\/p>\n<div id='gallery-2' class='gallery galleryid-492 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/screen-shot-2016-04-08-at-2-27-42-pm\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-2.27.42-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Browse By State\" aria-describedby=\"gallery-2-499\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-2-499'>\n\t\t\t\tBrowse By State\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/screen-shot-2016-04-08-at-2-18-35-pm\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-2.18.35-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Browse By Brand\" aria-describedby=\"gallery-2-497\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-2-497'>\n\t\t\t\tBrowse By Brand\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.opencomps.com\/blog\/2016\/04\/now-tracking-developments-financings\/screen-shot-2016-04-08-at-2-19-10-pm\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.opencomps.com\/blog\/wp-content\/uploads\/2016\/04\/Screen-Shot-2016-04-08-at-2.19.10-PM-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Browse By Lender\" aria-describedby=\"gallery-2-498\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-2-498'>\n\t\t\t\tBrowse By Lender\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n\n<p>We are starting our research coverage from scratch. We are adding developments as we go. If you know of any that we may be missing, <a href=\"https:\/\/www.opencomps.com\/about.php\" target=\"_blank\">drop us a note<\/a>\u00a0or add\u00a0us to\u00a0your press releases distribution list. If you want to update us on any that we have in the database already, drop us a note via the built in &#8220;<strong>Tell us more<\/strong>&#8221; button\u00a0on each transaction. Help us move development projects from planning, through in construction, through opening!<\/p>\n<p>As always, please send us your thoughts and ideas. We would love to hear from you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some of you may have noticed that, over the past few weeks, the transaction list has gotten very GREEN, a lot less pale blue and maybe just a little bit dark blue. That&#8217;s because we added two new transaction types to our research coverage: new developments and financings (debt comps). As part of our re-focus [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"OpenComps now covers new hotel developments and financing, in addition to transaction sales and for sale listings.","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[26],"class_list":["post-492","post","type-post","status-publish","format-standard","hentry","category-updates","tag-new-feature"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/posts\/492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/comments?post=492"}],"version-history":[{"count":5,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/posts\/492\/revisions"}],"predecessor-version":[{"id":568,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/posts\/492\/revisions\/568"}],"wp:attachment":[{"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/media?parent=492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/categories?post=492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.opencomps.com\/blog\/wp-json\/wp\/v2\/tags?post=492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}