US Restaurants Still on Rebound from Pandemic

According to Nick Cole, the head of restaurant and hospitality finance at Mitsubishi UFJ Financial Group, the number of U.S. restaurants has not yet rebounded to pre-pandemic levels and is still significantly lower than what it was before COVID-19. read more

JAN 5, 2023 - 7:19 am

MUFG Expands Financing Platform to Hospitality Industry

Mitsubishi UFJ Financial Group (MUFG) expanded its restaurant finance platform to cover hotel franchises with the hiring of Tracy Vasquez and Steven Getty as directors for its restaurant and hospitality finance team. read more

SEP 13, 2022 - 7:42 am

MUFG: Restaurants Will Face Margin Contraction, Slower M&A in Q1/22

With rising commodity prices, workforce shortages and higher expenditures to attract labor, the restaurant industry will face continued margin contraction and, consequently, lower M&A volume in Q1/22, according to Mitsubishi UFJ Financial Group’s restaurant finance group. read more

NOV 11, 2021 - 6:32 am

MUFG Expands Restaurant Finance Group with New Hires

Mitsubishi UFJ Financial Group hired nine bankers for the restaurant finance group of its corporate and investment banking division, including Nick Cole and Quinn Hall as managing directors. read more

MAY 18, 2021 - 6:24 am

Former GE Capital Exec Joins Wells Fargo to Launch Hotel Franchise Unit

Wells Fargo formed a Hotel Franchise Finance division and has hired Scott Andrews to lead the unit. Andrews previously ran the middle market Hotel Franchise Finance division at GE Capital. read more

OCT 17, 2017 - 7:24 am