As hotels plead for "second" stimulus, Portland stares down $959 million in possible loan defaults

Without federal intervention and relief, indust.....»»

Without federal intervention and relief, industry experts say the carnage will be widespread and result in instability in business and tourism centers for years to come......»»

Without federal intervention and relief, industry experts say the carnage will be widespread and result in instability in business and tourism centers for years to come......»»

Without federal intervention and relief, industry experts say the carnage will be widespread and result in instability in business and tourism centers for years to come......»»

Shake Shack received $10 million in forgivable loans under the Paycheck Protection .....»»

Shake Shack Inc., the New York-based burger chain founded by St. Louis native CEO Danny Meyer, said it has obtained new funding and will be returning $10 million in federal stimulus funds it received last week. In a post on LinkedIn Sunday, Meyer, S.....»»

Without federal intervention and relief, industry experts say the carnage will be widespread and result in instability in business and tourism centers for years to come......»»

A four-hotel development planned for Disney's Flamingo Crossings mixed-use property is ready to hit the next stage. The project, being overseen by Huntsville, Alabama-based Doradus Partners, secured its $140 million construction loan through Dallas-bas.....»»

Kruger had initially asked for a $2 million loan to build a grain elevator......»»

A developer has proposed condos, a restaurant, a spa and an arts/cultural center at the former convent and school property — along with a proposal for a new mixed-use development with 2,000 apartments, condos, townhouses, two hotels and retail stores......»»

CWT International Ltd, a unit of China's indebted HNA Group Co Ltd, said on Tuesday it defaulted on a HK$1.4 billion ($179 million) loan, and that it has less than 24 hours to pay funds due or lose assets pledged as collateral......»»

CWT International Ltd, a unit of indebted HNA Group Co Ltd, on Tuesday said it defaulted on a HK$1.4 billion ($179 million) loan, and that it has less than 24 hours to pay funds due or lose assets pledged as collateral......»»

Big wilful defaulters are categorised by PNB as those borrowers with loan outstanding of Rs 2.5 million and over.....»»

Pyramid Management Group secured the loan with a balance of $270 million in April 2012......»»

BOSTON, April 19, 2024 /PRNewswire/ -- The Federal Home Loan Bank of Boston announced its preliminary, unaudited first quarter financial results for 2024, reporting net income of $77.8 million for the quarter. The Bank expects to file its quarterly rep.....»»

The construction loan comes from one of Japan's largest financial services firms......»»

JPMorgan Chase recently granted Homewise $1 million to help reduce the barriers confronting numerous families in their quest for homeownership......»»

Esquire praised the Ritz-Carlton's Oregon touches and stunning views......»»

This partnership with the Federal Home Loan Bank of Des Moines boosts the bank's philanthropic efforts immediately following the fires to about $1 million......»»

The developer specializes in transforming former hotels and motels in affordably-priced apartments and has completed 23 hotel-to-residential conversions across 15 states......»»