Financing Update – Leisure Financial Group
ATLANTA, GA PRWeb – Leisure Financial Group (“LFG”) is pleased to announce the closing of a $47,000,000 first mortgage loan on a portfolio of 8 upscale golf course and country clubs owned and operated by Fore Golf Partners. Jerry Hinckley, Chief Operating Officer of LFG (firstname.lastname@example.org) led the effort to originate and structure a new loan to replace existing debt and provide working capital.
According to Hinckley, “Working with the Fore Golf Partners, LFG was able to secure an attractive loan which enabled the company to position itself for future growth and development.” Hinckley further stated, “Fore Golf is one of the industry’s most successful operators and the 8 golf properties located in Florida and Maryland represent market leading facilities that are recognized for exceptional customer service – we are proud of our long-standing relationship with Fore Golf and its leadership team”.
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