$2.5M Specialty Asset Financing Secured for Historic Resort Acquisition in Clearwater

Client: Resort Investor, British ColumbiaLoan

Amount: $2,500,000 CAD

Asset: Historic Resort in Clearwater

We were engaged by a client seeking to acquire a cherished Clearwater resort valued at $5 million. Due to its remote location and niche market appeal, the property was largely overlooked by traditional lenders, putting the acquisition at risk.

Leveraging our lending network, we structured a private financing package totaling $2.5 million at a 7.30% fixed rate with a 0.50% lender fee, representing 50% loan-to-value. This specialty asset financing solution was tailored specifically to accommodate the unique nature of the resort.

Our team expedited appraisals and conducted an in-depth market analysis to showcase the asset’s tourism potential. These efforts secured underwriting terms that recognized the property’s historical significance and future income stream.

The client closed seamlessly and proceeded with strategic renovations, resulting in enhanced guest experiences and increased occupancy rates. The revitalized resort is now a key contributor to Clearwater’s growing tourism economy.

This case highlights SLC’s ability to deliver specialty asset financing and flexible private financing solutions for complex real estate acquisitions where conventional lending falls short.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

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