MUFG expands financing platform to hospitality industry

Industry veterans Tracy Vasquez and Steven Getty to lead hotel-franchise practice within
newly expanded Restaurant and Hospitality Finance team

NEW YORK, Sept. 12, 2022 /PRNewswire/ — Mitsubishi UFJ Financial Group (MUFG) announced today the expansion of its restaurant-finance platform to cover hotel franchises with the hiring of two veteran bankers to its Restaurant and Hospitality Finance team, which is part of MUFG’s Corporate and Investment Banking division.

Director Tracy Vasquez will lead loan underwriting and portfolio management of hotel-franchisee clients, and report to Quinn Hall, the team’s Head of Loan Underwriting and Portfolio Management. Director Steven Getty will serve a senior relationship management function spearheading business development within the hospitality industry, and will report to Brian Geraghty, the team’s Head of Loan Originations.

“With the addition of Tracy and Steven, we are scaling out our deep talent bench and expertise in franchise lending to pursue a significant new platform expansion in the hospitality industry,” says Nick Cole, Head of Restaurant and Hospitality Finance. “Tracy and Steven are seasoned professionals who position us to deliver robust financing and advisory capabilities to franchisees of mid-scale, limited-service hotel chains, which represent a market segment with attractive risk/return credit characteristics, as well as growth opportunities for MUFG.”

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