August Spotlight: The Details of the Deal

August Spotlight: The Details of the Deal
by Leslie Wilkins

It is our goal at GRP Capital to provide client-oriented financial services through competitive commercial real estate loan solutions. Through a chain of banking and non-banking networks, we are able to provide our clients with funding solutions that serve the financial and business goals of lenders and investors alike. Here are some recent transactions that show our diverse offerings and experience.

Courtyard by Marriott – Jonesboro, AR

Our team is pleased to announce the closing of a Recourse Bridge Loan for a developer in Arkansas. GRP was able to facilitate a construction loan and also provide additional capital to complete the development of a 99-room Courtyard by Marriott in Jonesboro, AR. Through our GRP Capital Debt Fund of private lending solutions, we were able to provide a quick closing and new capital to allow the client to continue construction on schedule without any halts.

The client was exceptionally pleased with our customer service and our thorough knowledge of loan structuring and hotel development.

Super 8 – Naples, FL

Director of Operations, Krishan R. Patel, recently assisted on the refinance of a 100-room, 2-story exterior Super 8 in Naples, Florida. Having operated the property for nearly a decade, the client was pleased to replace his existing SBA 7a note with a fixed-rate Conventional Loan.

The client was impressed with our knowledge and connections to get the deal done.

Class B Multi-Family Apartment Condominium – Fort Myers, FL

This time last year, GRP Capital secured conventional financing for a client to acquire a Class B Multi-Family Apartment Condominium in Fort Myers, Florida. The client has since revamped the property and is reportedly beating revenue expectations. For this client and many others, our Small Business Financing services paired with our reliable relationships with financial institutions help them identify and close on the right loan for their needs.

Our focus is to develop innovative financing solutions for businesses through our service divisions of Real Estate Capital Markets, Small Business Financing, Construction Lending, GRP Capital Debt Fund, and Consulting and Advisory. Learn more at grpcapital.com.

We are a leader in commercial lending, advising, and investing because we are experienced, connected, and invested. Contact us to start the conversation