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Access Point Financial, LLC (APF), a leading direct lender focused exclusively on the hospitality industry, today announced the appointment of Ankur Shah as Chief Financial Officer and Head of Capital Markets. Ankur is assuming his new leadership role with the company upon the retirement of APF’s outgoing CFO, John Patton, who held that position since 2011. Prior to accepting his most recent role, Ankur served as Managing Director and Co-Head of Capital Markets and Corporate Development. In his capacity as CFO, Ankur will be responsible for establishing, structuring and managing capital and industry relationships, overseeing corporate strategy and financial operations, and serve as a member of the company’s executive committee. Ankur will be based in APF’s McLean, VA office. ....
Access Point Financial, LLC (APF), a leading direct lender focused exclusively on the hospitality industry, announced today that it has broken all previous company records for loan volume, during a period of time when the hotel industry is still in economic recovery. During the previous 12 months, APF closed over $1 Billion in hotel financing, primarily through its bridge program that provides funding for acquisitions, refinances and conversion opportunities. The company is currently on track to maintain or surpass that volume in 2022, ending Q1 of this year with $256MM in loan production. The latest quarterly volume comprises 19 transactions for franchised properties that are flagged with some of the world’s leading brands, including Hilton, Marriott and IHG. ....
Access Point Financial Forms Strategic Alliance with Pike Hill Lodging Partners and Expands Executive Leadership Team hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.