Leisure Financial Group Press Release - Update on Financing

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$7,700,0000 Loan to Refinance Existing Debt and Provide Funds for the Acquisition of 2 Upscale Public Golf Facilities for Preservation Golf

Leisure Financial Group (“LFG”) is pleased to announce the closing of a $7,700,000 loan to refinance existing debt and provide acquisition funding for Texas based Preservation Golf’s Arrowhead Golf Club and Riverlakes Golf Club. The projects involved CPACE financing as well as conventional Bank debt. The LFG team’s experience in the golf industry and with CPACE financing helped the Client to achieve its goals of locking in attractive long-term financing and providing capital to complete planned property renovations. LFG is a mortgage banking organization that originates and structures loans in the real estate industry and specializes in Hotels, Resorts, Golf Facilities, and Marinas. LFG’s executive team has extensive experience in real estate finance and has generated over $5 Billion in loan originations since 1990.

For more information please contact:
Jerry Hinckley, Chief Operating Officer
jhinckley@leisurefinancialgroup.com (770) 330-5066

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Jerry Hinckley