Punta Gorda Waterfront Hotel and Suites

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Punta Gorda Waterfront Hotel and Suites

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https://grasshopperinventory.co.uk/violere/3468 Non- Recourse

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This property had several challenges besides being a non-flagged hotel with seasonality issues. The owner had fallen victim of a predatory lender forcing him into a bankruptcy. The delinquent taxes had to be paid  and property improvements were necessary. The loan restructured the debt to market rates, cured the delinquent taxes and satisfied the bankruptcy giving the control back to the owner to continue to improve the property performance.

Founded in 1999, Eleanor Financial Inc. is one of the nation’s largest commercial real estate finance and advisory firms headquartered in Houston, Texas. We work with a broad array of capital providers.  Eleanor Financial Inc. arranges financing for transactions ranging from $1 million to $500 million for multifamily, co-op, office, retail, hotel, mixed-use, industrial, healthcare, student housing, self-storage and construction properties. We are currently offering long-term non-recourse debt options with leverages as high as 80% and 25-30 year amortization schedules even cash-out available including hospitality.  If you need a quick close or in a distressed situation, we have the solution through one of our many bridge lenders. Please call or email us to structure financing for your next transaction.

Kimberly Kirk

President

Eleanor Financial, INC.

Toll Free: 866-732-5626 Cell: 713-858-5556

FAX: 866-941-4655

kkirk@eleanorfinancial.com

www.eleanorfinancial.com

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