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 (firstname.lastname@example.org) 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
Media Contact: Jerry Hinckley, Chief Business Development Officer, Leisure Financial Group, LLC, 770-695-0930 x302, email@example.com
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Leisure Financial Group, LLC