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