Wyndham Hotels & Resorts successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. The Term Loan B garnered significant investor demand, resulting in an upsize of $400 million while in market...
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May 28, 2024, 07:48 AM
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Natixis Corporate & Investment Banking (Natixis CIB) announced new senior appointments to the firm’s Real Estate & Hospitality (REH) Americas team. Christopher LaBianca has joined as Managing Director, Head of Conduit Origination, based in New York...
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February 13, 2024, 08:00 AM
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Ryman Hospitality Properties, a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, successfully completed a series of refinancing...
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May 19, 2023, 07:24 AM
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Wells Fargo Corporate & Investment Bank (CIB), announced that Rachel Goldin Jinich will lead Specialty Real Estate Finance (SREF) within its Commercial Real Estate (CRE) group and oversee all SREF teams, including Hospitality Finance, Seniors Housing...
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April 11, 2023, 07:52 AM
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Stonehill, a commercial real estate direct lender, completed $1.2 billion in investments for 2022 through loan originations and commercial property assessed clean energy financing ("CPACE"), primarily in the hospitality and retail sectors, with $813...
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February 03, 2023, 08:00 AM
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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...
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September 13, 2022, 07:47 AM
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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...
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July 27, 2022, 07:46 AM
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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...
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June 24, 2022, 07:43 AM
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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...
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May 04, 2022, 07:42 AM
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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...
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April 18, 2022, 07:46 AM
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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...
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January 14, 2022, 07:00 AM
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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...
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December 21, 2021, 08:00 AM
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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...
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September 22, 2021, 07:00 AM
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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...
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May 05, 2021, 07:07 AM
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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...
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April 07, 2021, 07:04 AM
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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...
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January 15, 2019, 07:21 AM
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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...
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January 07, 2019, 07:14 AM
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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...
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June 26, 2017, 07:40 AM
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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...
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May 28, 2013, 08:05 AM
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