Maslow Capital provides senior financing for Selecto’s first Iberian hotel portfolio

Maslow Capital has provided senior financing to support Selecto’s first hotel portfolio in the Iberian Peninsula. 

Madbit, Madrid

Selecto is a new limited‑service urban hotel platform launched by Tikehau Capital and Quest Capital, with an initial portfolio comprising four projects in Madrid, Málaga and Barcelona and a combined gross development value exceeding €200 million.

The assets are located in MadBit and Las Tablas in Madrid, the FYCMA area of Málaga, and L’Hospitalet de Llobregat in Barcelona, close to Plaza Europa and Fira Barcelona. All hotels will operate under the Holiday Inn Express brand through a franchise agreement with IHG Hotels & Resorts. The MadBit project in Madrid has already entered the construction phase, becoming the platform’s first asset to move into development.

The transaction strengthens Maslow Capital’s position as a specialist financing partner for real estate platforms, institutional investors and operators across Europe. It also reflects rising demand for operational real estate in Spain, particularly scalable urban hotel models.

Emilio Silvestre, Managing Director and Head of Origination at Maslow Capital (Spain), said: “This transaction reflects our commitment to supporting platforms with clear growth potential and assets aligned with the evolving dynamics of the real estate market. The urban hotel segment offers attractive opportunities in Spain, driven by a combination of demand, professionalisation and scalable operating models.”