Resort, Hotels, Motels, Casino, Golf Courses
and Theme Parks
Loans up to $50 million to developers and operators of luxury resort
properties through out the United States, Canada, Europe, Mexico and the
Caribbean.
Properties include:
fractional ownership resorts
private residence clubs
hotels
multi-use developments
ADVANCE RATES
Up to 85% of
actual cost basis
LOAN SIZE
$5MM to $50MM
OTHER
Amortized via
release payments and minimum amortization tailored to
borrower's business plan
PRICING
Competitive
rates and fees adjusted for risk profile and leverage
RESORT /
PROPERTY LOCATION
United States,
Canada, Caribbean, Mexico and Europe
STRUCTURE
Senior Mortgage
Mezzanine Financing
TERM
1-5 Years
ADVANCE
RATES
Up to 90% of
actual cost basis
BORROWER
Experienced
owners, developers, and operators of resort properties
LOAN SIZE
$2MM to $50MM
OTHER
Amortized via
release payments and minimum amortization tailored to
borrower's business plan
PRICING
Competitive
rates and fees adjusted for risk profile and leverage
PROPERTY
TYPES
Vacation
Ownership Resorts, Residential Lot Developments, RV Parks
and Camp Grounds, Private Residence Clubs, Multi-Use
Properties, Hotel Conversions