RANCHO CUCAMONGA, Calif., June 16, 2026 /PRNewswire/ -- National CORE, one of the nation's largest nonprofit developers and property managers of affordable housing, has closed approximately $103 million in bond financing to support the transformation of the Ontario Airport Hotel & Conference Center into Hyatt Regency Ontario, an upscale hospitality destination near Ontario International Airport.
The bond offerings pave the way to a rapid renovation project that will redefine hospitality in the Inland Empire and drive economic growth in neighboring communities.
Inside the rollout
Why it matters
For industry operators, this is another data point in the structural change reshaping the cooking-equipment sector. Watch for follow-on moves from competitors and reactions from key channel partners in the coming quarters.
RANCHO CUCAMONGA, Calif., June 16, 2026 /PRNewswire/ -- National CORE, one of the nation's largest nonprofit developers and property managers of affordable housing, has closed approximately $103 million in bond financing to support the transformation of the Ontario Airport Hotel & Conference Center into Hyatt Regency Ontario, an upscale hospitality destination near Ontario International Airport.
The bond offerings pave the way to a rapid renovation project that will redefine hospitality in the Inland Empire and drive economic growth in neighboring communities.
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Written by Michael Politz, Author of Guide to Restaurant Success: The Proven Process for Starting Any Restaurant Business From Scratch to Success (ISBN: 978-1-119-66896-1), Founder of Food & Beverage Magazine, the leading online magazine and resource in the industry. Designer of the Bluetooth logo and recognized in Entrepreneur Magazine's "Top 40 Under 40" for founding American Wholesale Floral, Politz is also the Co-founder of the Proof Awards and the CPG Awards and a partner in numerous consumer brands across the food and beverage sector.
