Resort & Club Funding
Resort Financing & Refinancing - Our group has participated in and funded around some of the most difficult Resort projects. We know the financial strategies that fund resorts & clubs.
The most difficult businesses to finance are destination resorts and Country clubs, especially those with leisure real estate. If a resort experiences financial problems the value of all the real estate surrounding the resort or club (owned or not owned) can be negatively affected. This can not only affect the property owners but the entire community.
If the lending institution has its collateral in real estate and the resort or club is suffering due to weather, postponed bank loan, changing the bank officer, changing the overall global economic environment, if interest rates spikes or any number of situations the entire structure of the resort or club can collapse.
There is a geometric relationship between the complexity of the loan and its cost - the greater the complexity the higher the cost and the lower the approval rate. Our job is to build low risk financial business plans that bankers understand and approve. After reviewing more than 500 resorts in the world we know what works for bankers and what does not work for lenders and/or owner's. Financial sanity in the resort and club industry is key to a resorts success. It is very easy for an owner to be enticed in to more and more financial complexity. The end result of this complexity is a business model that banks do not like and owners cannot get out of - we know how to solve this problem.