Financing Update – Leisure Financial Group
ATLANTA, GA PRWeb – Leisure Financial Group (“LFG”) is pleased to announce the closing of a $13,000,000 first mortgage loan on Pinehills Golf Club, an upscale 36-hole semi-private golf facility located in the exclusive Pinehills residential community in Plymouth, Massachusetts. Greg Lewis, Managing Director of LFG (email@example.com) led the effort to originate and structure a new loan to replace existing debt.
According to Lewis, “Working with the client, LFG was able to structure and arrange a facility that allowed owners to refinance existing debt and focus on long-term operations.” Lewis further stated, “Pinehills is an exceptional property with a superior location in the regional Boston market. The two courses, designed by Rees Jones and Jack Nicklaus, are rated amongst the best in the northeast and are situated amongst 300 acres of Pine forests and coastal dunes.”
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