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1.
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26 January 2012
Included in this week’s list of active hotel lenders:
• Wells Fargo provided a US$506-million loan to Apollo Commercial Real Estate Finance.
• Cornerstone Real Estate Providers made a US$46-million, non-recourse loan to Pebblebrook Hotel Trust.
• Wells Fargo made a US$40-million loan to Apple REIT Eight that is secured by the Residence Inn in Burbank, California.
• More.
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2.
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By The HNN editorial staff,
13 July 2009
From the desks of the HotelNewsNow.com editorial staff: Gas prices fall again; another iconic hotel closes; Thai hoteliers want relaxation on booze regulations; government reports are due this week; and believe it or not, a financial institution sues itself.
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3.
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By Shawn A. Turner, Finance Editor
01 October 2010
Included in this week’s roundup of public hotel company news: Ratings roundups for Credit Suisse and Wells Fargo, and Chatham Lodging Trust declares its first dividend five months after going public.
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4.
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By Shawn A. Turner, Finance Editor
19 November 2010
In this week’s roundup of public hotel company news: Orient-Express reaps the rewards from its public offering while Chatham Lodging Trust temporarily calls off its own.
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5.
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By Stephen R. Hennis, Director, STR Analytics
28 December 2010
Big banks appear to be returning to the hotel market.
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6.
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By Patrick Mayock, Editor-in-Chief
29 March 2011
Hotel meetings planners are less confident in their ability to negotiate higher room rates for group events than they were during October 2010.
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7.
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By Shawn A. Turner, Finance Editor
26 July 2011
The bank-owned property in Daytona Beach, Florida, was sold for US$19,000 per room to ASA Lodging LLC.
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8.
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By Patrick Mayock, Editor-in-Chief
24 January 2012
The U.S. economy is experiencing sustained growth, said John Silvia, a managing director and chief economist of Wells Fargo Securities. Perhaps more promising? Banks are lending.
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9.
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HNN Newswire
30 January 2012
Access Point Financial is on track to place US$1 billion in loans for hotel improvement/bridge financing by 2015, the company said.
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10.
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By Shawn A. Turner, Finance Editor
06 February 2012
Wells Fargo, with approximately US$6 billion in its hotel loan portfolio, is planning continued activity in the sector during 2012, one of the bank’s executives said during ALIS.
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