ALPHARETTA, Ga. (PRWEB) February 16, 2021
Leisure Financial Group (“LFG”) is pleased to announce the closing of a $4,999,000 acquisition loan on Cat’s Paw Marina, a full-service 225 slip/dry storage facility in St. Augustine, Florida. Jerry Hinckley, Chief Operating Officer, of LFG led the effort to originate and structure a loan to complete the acquisition along with obtaining proceeds for boat storage expansion and property upgrades.
LFG presented this financing opportunity to a wide range of potential lenders and selected the best structure and terms to meet the client’s needs.
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.
For more information please contact:
Jerry Hinckley, COO
Greg Lewis, Managing Director