ONTARIO, CA— Westbrook Real Estate Partners has obtained close to $19.3 million from Corus Bank of Chicago to finance the acquisition of the 299-room Marriott Ontario Airport Hotel. The hotel will be managed by Sunstone Hotel Investors. The transaction is the second between Corus and Westbrook involving a Southern California Marriott property in the past month. In the earlier transaction, Corus Bank provided a $50 million loan to Westbrook to finance the acquisition of the 17-story, 463-room Marriott Warner Center in Woodland Hills. Corus Bank is held by Corus Bankshares Inc., a one-bank holding company that is also based in Chicago. The bank specializes in commercial real estate loans for hotels, condominiums, offices and apartments, with outstanding commercial real estate loans and construction commitments totaling approximately $2.6 billion.
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