Refinancing loan for 7 private and public golf course portfolio located in Florida.
ATLANTA (PRWEB) NOVEMBER 11, 2019 – 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