Financing Update – Leisure Financial Group

ATLANTA,GA PRWeb – Leisure Financial Group, LLC (“LFG”) is pleased to announce it successfully structured and arranged the funding of a $1.8 million acquisition loan for Quarry Ridge Golf Course in Portland, Connecticut. Working with the Lender to underwrite and structure the SBA loan request, LFG was able to meet the client’s goals and objectives to successfully acquire the operating golf facility and position the business for future success. According to Jerry Hinckley, Chief Operating Officer at LFG, “Working together as a team with the client and lender, LFG was able to assist all parties in developing a loan program that allowed for a quick closing enabling the new owners to take over prior to the opening of the 2021 golf season.”

Founded in 2013, LFG is an experienced brokerage firm that structures, arranges, and services loans in the real estate industry specializing in golf facilities, marinas, hotels, and other commercial real estate property types throughout the United States. LFG’s partners have over 75 years of combined real estate lending experience having worked with banks, commercial lenders, and other institutions and have provided clients with over $6 billion in loans since 1990. LFG has offices in Atlanta, Palm Beach, and Philadelphia.

For more information please contact:
Jerry Hinckley, COO
jhinckley@leisurefinancialgroup.com
(770) 330-5066

Leisure Financial Group is pleased to announce that it secured acquisition financing for Cat’s Paw Marina in St. Augustine, Florida.  The $4.99 million loan was used to acquire and improve the marina/docks/and customer service facilities at the 200+ boat facility. 

ATLANTA, PRNewswire-iReach/ — Leisure Financial Group (“LFG”) is pleased to announce the closing of a $61,000,000 development loan on Banyan Cay Resort, a destination lifestyle resort community in West Palm Beach, Florida. Greg Lewis, Managing Director of LFG (glewis@leisurefinancialgroup.com) led the effort to structure and arrange a development loan to complete the resort project. Amenities will include a 150-room Noble House luxury hotel and spa, a Jack Nicklaus Signature Golf Course and a residential community comprised of custom estate, single family, golf villa and condominium homes.

According to Lewis, “Working with the client, LFG was able to structure and arrange a facility that allowed the client to consolidate and refinance existing debt and focus on completing the resort and residential projects in a timely manner.” Lewis further stated, “Banyan Cay is an exceptional project with a superior location in the central Palm Beach market which when completed, will offer residents and resort guests unparalleled quality and hospitality services.”

LFG is an experienced brokerage firm that structures, arranges, and services loans in the real estate industry specializing in traditional assets in Commercial Real Estate as well as specialty assets in Hotels, Resorts, Golf Facilities, and Marinas.  LFG provides clients access to capital from a wide variety of Banks, Life Insurance Companies, CMBS and private lending groups.  LFG’s executive team has over 40 years of experience in real estate lending and has generated over $5 Billion in loan originations since 1990.

LEISURE FINANCIAL GROUP, LLC

Headquarters Office:  9925 Haynes Bridge Road, Suite 200 – 102, Alpharetta, GA 30022

Regional Offices:  Philadelphia and Palm Beach

Main Telephone Number:  770-695-0930

Website:  www.LeisureFinancialGroup.com

Media Contact: Jerry Hinckley, Chief Business Development Officer, Leisure Financial Group, LLC, 770-695-0930 x302, jhinckley@leisurefinancialgroup.com

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SOURCE Leisure Financial Group, LLC

Refinancing loan for 7 private and public golf course portfolio located in Florida.

ATLANTA (PRWEB) – Leisure Financial Group, LLC (“LFG”) is pleased to announce it successfully structured and arranged the funding of a $23.0 million refinancing loan on a 7 golf course portfolio of private and public golf courses located in multiple Florida MSA’s. Jerry Hinckley, Chief Marketing Officer of LFG, led the effort to originate and structure a loan to complete the transaction, which provided the client with improved flexibility and a more attractive interest rate.

LFG presented this financing opportunity to nearly 30 potential lenders and selected the best structure and terms to meet the client’s needs. According to Hinckley, “Working with the client, LFG was able to structure and arrange a loan that allowed the client to generate loan proceeds to complete the refinancing effort and allow for increased flexibility to grow the business going forward.”

LFG is an experienced brokerage firm that structures, arranges, and services loans in the real estate industry specializing in traditional assets in commercial real estate as well as specialty assets such as Hotels, Resorts, Golf Facilities, and Marinas. LFG provides clients’ access to Capital from a wide variety of Banks, Life Insurance Companies, CMBS, and private lending groups. LFG’s executive team has over 40 years of experience in real estate lending and has generated over $5 billion in loan originations since 1990.

For more information, contact Jerry Hinckley, CMO | 770-695-0930 x302 | jhinckley@leisurefinancialgroup.com

Acquisition Loan for Marina on Lake Ray Hubbard in Rowlett, Texas

ATLANTA (PRWEB)

Leisure Financial Group, LLC (“LFG”) is pleased to announce it successfully structured and arranged the funding of a $7.64 million acquisition loan for a marina on Lake Ray Hubbard, in Rowlett, Texas that is permitted for approximately 1,000 slips. Working with Stabilis Capital, LFG was able to meet the client’s goals and objectives to successfully acquire the operating marina and position the business for future success.

According to Ray Munoz, Principal at LFG, “Working as a team with the client and lender, LFG was able to assist all parties in developing a loan program that allowed for a quick closing on a very complicated transaction which involved not only the marina, but a large development parcel as well.”

LFG is an experienced brokerage firm that structures, arranges, and services loans in the real estate industry specializing in traditional assets in commercial real estate as well as specialty assets such as Hotels, Resorts, Golf Facilities, and Marinas. LFG provides clients access to Capital from a wide variety of Banks, Life Insurance Companies, CMBS, and private lending groups. LFG’s executive team has over 40 years of experience in real estate lending and has generated over $5 Billion in loan originations since 1990.

For more information contact: Jerry Hinckley, CMO 770.696.0930 jhinckley@leisurefinancialgroup.com