In NEED of of financing for Boutique Hotel in Minnesota

[Alan Malicse]

Hello everyone!

I'm looking for any Lenders that can do financing on a Hotel property in out of receivership. 

Details: 5 million in non recourse financing for a 65 room Boutique Hotel in the city of Biwabik, MN. 

This is a very small town in Northern Minnesota, near Virginia, MN (the address is in fact Biwabik though). 

My name is Alan Malicse and I am the point of contact for the buyers of this property

for more information please contact me at 510-685-0459 

Thank you for your time!

[Jared Rine]

Alan,

Wanted to reach out.  I can bring bridge lenders to the table for this transaction, but there are questions.

Why is someone wanting to buy this property?  There are less than 1000 people in the town.  How can this property command $5MM+? 

That location is going to be a major issue for pretty much any lender.  And looking for non-recourse lending on top of it is even going to be another wrench.

I'm not here to dispute; I'm just wondering about the realism of this transaction.  If you have buyers 5MM+ strong, unless there some unforeseen personal ties to this property or they are the actual owners who had it taken out of their hands, why would they not be directed towards better or more solid investments??

Just my .02...If you want me to take a look, send a summary or snyopsis.

Jared Rine

[e-mail]

209 481 0514

[Alan Malicse]

Jared,

Thanks for getting back to me and thank you for your questions. Let me forward your information over in order to give you more details.

Thanks again!

Alan

[Alan Malicse]

Jared are you considered a Direct Lender or Broker? 

[Jared Rine]

Alan,

I work for Global Solutions, and we are a broker.  I did want to disclose that.  I should have mentioned that in the original posting.

Thanks,

Jared

[Alan Malicse]

Jared 

I appreciate your time but given the uniqueness and scenario of the property we were looking more towards a direct Non Recourse Lender. If you have any you could recommend that would be great! 

Again - I appreciate your time!

Alan

[Jared Rine]

Alan,

I understand, but also given the situation, I'm not going to just disclose lenders for nothing and again, I don't know if there is an actual deal considering the caveats that have already been addressed by my questions.  Being we are in the same arena, I sure you can appreciate that, as I'm sure Cordero doesn't just give out information either.

Thanks.  Door is always open.

Jared

[Alan Malicse]

I totally understand Jared. It is a bit of complicated situation and at the moment we haven't been able to find a lender willing accommodate those caveats. I appreciate you reaching out and hopefully we'll find that lender soon

Thank you sir!

[Alan Malicse]

Please contact me via email [e-mail] or 510-685-0459

[Mark Spencer]

We can help you with the loan. We offer personal, company and business

loans to individuals and companies in severe need. Apply now and get

your financial problems solved. The interest rate is 3% yearly.

Contact us via e-mail: [e-mail]

[Felix Lopez]

My  name is Felix and I am a Finance Specialist. We can help you.

Call my partner Courtney Lawrence and she will talk to you about  the kinds of funds we provide. Also go to our website. For any questions please  to hesitate to reach us.

Felix And Courtney Lawrence:

Phone:  [phone] | Fax:   (949)  309-2731

Email: [e-mail]

Website: www.financeneeds.com/7397

[Marie]

Contact me

[e-mail]

561-444-9460

Marie

[Alan Malicse]

Marie thanks for your reply

are you considered a Direct Hard Money Lender or Brokerage?