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News Stories (14 Results) - Hospitality

Mitsubishi UFJ Financial Group (MUFG) announced the expansion of its restaurant-finance platform to cover hotel franchises with the hiring of two veteran bankers to its Restaurant and Hospitality Finance team, which is part of MUFG's Corporate and... Read Story
September 13, 2022, 07:47 AM


Bay Point Advisors provided a $31.4 million loan to Kirkland Development to finance the opening of an eight-story, 138 room waterfront Hotel Indigo in Vancouver, WA. The hotel will feature an indoor atrium with a glass ceiling, the city’s first... Read Story
July 27, 2022, 07:46 AM


Alvarez & Marsal (A&M) announced the appointments of Micah Friedman and Philip Rothaus as Managing Directors in the firm’s Travel, Hospitality & Leisure group within its Corporate Performance Improvement (CPI) practice. Both based in Miami, their... Read Story
June 24, 2022, 07:43 AM


Access Point Financial, a leading direct lender focused exclusively on the hospitality industry, has broken all previous company records for loan volume, during a period of time when the hotel industry is still in economic recovery. During the... Read Story
May 04, 2022, 07:42 AM


Service Properties Trust (SVC) amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2023. The key terms of the amendment include: The revolving credit facility commitments... Read Story
April 18, 2022, 07:46 AM


Värde Partners and Hawkins Way Capital formed a joint venture to acquire more than $1 billion of value-add and distressed hospitality and housing assets in major U.S. cities. The assets will operate under a Hawkins Way affiliate.    The JV, through... Read Story
January 14, 2022, 07:00 AM


Hilton Grand Vacations refinanced and increased the capacity under the existing revolving facility from $800 million to $1 billion. As of the transaction close, $699 million remains available under the revolver. Bank of America will remain as the... Read Story
December 21, 2021, 08:00 AM


Access Point Financial, a leading direct lender and specialty finance company focused exclusively on the hospitality industry, announced the expansion of its platform via the forming of a strategic relationship with Pike Hill Lodging Partners. The... Read Story
September 22, 2021, 07:00 AM


Access Point Financial (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, appointed Mike Huffman as Managing Director. The recent appointment follows the ongoing improvement in hotel market... Read Story
May 05, 2021, 07:07 AM


Access Point Financial, a direct lender and specialty finance company focused exclusively on the hospitality industry, announced the appointment of Bruce Lowrey as the company’s Chief Lending Officer. Following the recent appointment of Michael... Read Story
April 07, 2021, 07:04 AM


BHI announced that it provided a $47 million bridge loan to refinance the Moxy, a hotel located at 1011 K Street NW in downtown Washington, D.C. The borrower is Douglas Development Corporation (DDC). Located in one of Washington DC’s fastest growing... Read Story
January 15, 2019, 07:21 AM


NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd., entered into a Fourth Amended and Restated Credit Agreement, dated as of January 2, 2019, with Voyager Vessel Company, LLC, an indirect subsidiary of NCLC, as co-borrower... Read Story
January 07, 2019, 07:14 AM


Golub Capital recently announced that as Administrative Agent, Joint Bookrunner and Joint Lead Arranger, it provided a GOLD facility to Aimbridge Hospitality, LLC (Aimbridge) to refinance existing debt and for other corporate purposes. Aimbridge is a... Read Story
June 26, 2017, 07:40 AM


GE Capital’s Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum Hospitality Management, an affiliate of Platinum Companies. Based in Hermitage, TN, a... Read Story
May 28, 2013, 08:05 AM