Winston Finance Partners LLC has finalized a $50 million credit facility, according to its parent company, Winston Hotels Inc., a real estate investment trust based in Raleigh, N.C.The three-year facility with Marathon Structured Finance Fund LP will allow Winston Finance to borrow up to $50 million to provide hotel loans to the lodging industry, the REIT said. This represents an expansion of Winston Finance's hotel lending program, Winston Hotels said. The parent company can be found on the Web at http://www.winstonhotels.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









