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AFC backs Hampton.


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, a capital provider that has sourced more than $300 million for hospitality development, construction and renovation projects in the first half of 2008 alone, secured $9 million in financing for the Hampton Inn-Dallas located at 1577 Gateway Blvd in Richardson, Texas Richardson is a suburb in Dallas County and Collin County, Texas. As of the 2000 census, the city had a total population of 91,803, while according to a 2006 estimate, the population had grown to 99,200. .

Peter M. Berk, president of AFC Hotel Finance Group, made the announcement.

Hampton Inn-Dallas is a 128-suite hotel offering a fitness center, swimming pool, business meeting facility and all modern amenities. The hotel is proximate proximate /prox·i·mate/ (prok´si-mit) immediate or nearest.

prox·i·mate
adj.
Closely related in space, time, or order; very near; proximal.



proximate

immediate; nearest.
 to a wide range of restaurants, major shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  and the Dallas-Fort Worth International Airport
DFW redirects here. For the cities, see Dallas/Fort Worth Metroplex.


Dallas-Fort Worth International Airport (IATA: DFW, ICAO: KDFW, FAA LID: DFW) is located between the cities of Dallas and Fort Worth,[3]
.

"The portfolio lender that provided financing for this hotel got comfortable with the strong brand affiliation and proven performance of the hotel, even though the current owners have owned the property for less than 18 months," Mr. Berk commented. "With the absence of conduits, the portfolio lenders have become extremely aggressive. This is a pattern AFC Hotel Finance Group has seen in 2008."
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Article Type:Brief article
Date:Aug 27, 2008
Words:158
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