Seeking to capitalize on the current turmoil in the credit markets, Strategic Capital Solutions L.L.C. has created a program to invest exclusively in hospitality properties.The firm’s dedicated hospitality financing program will fund up to $300 million of debt and equity investments, targeting developers and owners of hotel and resort properties who are currently having difficulty obtaining financing given the current condition of the credit markets. The program is targeted at properties in the United States, the Caribbean, Latin America, the Middle East and Europe, with a particular emphasis on the United Kingdom, Spain, France and Italy.While Strategic Capital did not disclose any specific investments for the fund, the firm said it intends to generally seek out reputable developers in emerging markets. The company is currently working with a select group of international developers to seek out financing opportunities.Leo Davis of Strategic Capital’s newly formed London-based European division, indicated in a release that the program addresses the key issue in the credit market, which is access to immediate capital. The firm believes strongly in European hotel fundamentals and will seek partnerships with developers in key European submarkets, Davis said.SCS is already active in international hotel financing. Earlier this month, the firm announced an agreement for the acquisition of a significant equity interest in the luxury resort development complex Villa Cortez, located in Puerto Penasco, Sonora, Mexico. Additionally, SCS completed $22.5 million in financing for luxury golf resort condominiums in Punta Cana, Dominican Republic.