need a direct lender for a 300k+ deal for a hotel *direct lender only*
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  1. #1

    need a direct lender for a 300k+ deal for a hotel *direct lender only*

    Owners and main headquarters are in California, hotel is in Wyoming doing 400k+ a month.

    One of the owners has a 5M judgement from Pueblo Bank from another private equity group he was working with in 2009. After the housing bubble they walked away from the hotel. The bank has been sold a few times since the judgement was filed and there has not been any talks or attempts to collect for 5 years now.

    Recently acquired a liquor license, they are looking to build out a lounge and high end bar in the hotel.

    Need to fund by Friday.

    They are looking for 6 - 12 month term with an early payoff addendum.

  2. #2
    Senior Member Reputation points: 5777
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    Pueblo bank.....

    Maybe we can help.... Donde esta their equity?

  3. #3
    Senior Member Reputation points: 18402
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    No

  4. #4
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    need a direct lender for a 300k+ deal for a hotel *direct lender only*

    How many rooms in hotel? Will they sell? If so pm me.

  5. #5
    Nick,

    The team emailed you with couple of questions.
    Let's chat around 1:00 EST.
    ​Ron Hizkiyahu
    Business Development & ISO Relations

    VitalCap Fund | 48 Wall St. | New York, NY 10005
    P. 212.994.6996 Ext.101 | F. 646.219.7949
    ron@vitalcapfund.com

  6. #6
    Senior Member Reputation points: 54989
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    4,711

    Try cresthill 300k size deals is becoming our norm. (when the math holds up).
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

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