30M hospitality deal.The AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. Hotel Finance Group has secured $30 million in financing on behalf of Kinseth Hospitality Companies for four Midwest hotel properties. The facilities are part of Kinseth's portfolio of 35 hotels throughout Iowa, Illinois, Colorado, Minnesota, Indiana and Kansas. The borrower utilized the refinancing Refinancing An extension and/or increase in amount of existing debt. funds to pay off existing debt and generate additional funds to perform property upgrades. The loans were originated and placed by Peter Berk, President of AFC Hotel Finance Group, with an insurance company. Included in the properties were a 211-room Holiday Inn Express Hotel & Suite in Coralville, IA; a 250-room Holiday Inn Select in Wichita, KS: a 180-room Holiday Inn and Suites in Overland Park Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , KS and a 199-room Sheraton Four Points in Des Moines Des Moines, city, United States Des Moines (dĭ moin`), city (1990 pop. 193,187), state capital and seat of Polk co., S central Iowa, at the junction of the Des Moines and Raccoon rivers; inc. , IA. |
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