Bay Point Advisors Funds $9.5 Million Hotel Construction and FF&E Loan in Panama City Beach, FL

Bay Point Advisors Funds $9.5 Million Hotel Construction and FF&E Loan in Panama City Beach, FL



ATLANTA–()–Bay Point Advisors, LLC has funded a $9.5 meg cerebration and FF&E give to PCB Haven, LLC. The borrower is low cerebration on a 4-story, 84-room Comfort Inn & Suites settled at 17701 Panama City Beach Parkway, Panama City Beach, FL. The place is 2.25 acres and planned improvements exist of a 45,000sf inland corridor hotel with lobby, playing center, breakfast area, shape center, and tearful pool. The preceding pledgee stepped absent from the care cod to concerns most possibleness impacts from COVID-19. “We’re entertained to be healthy to wage top to the welcome business at a instance when banks are tightening disposition criteria, suspending newborn loans, or avoiding the facet altogether, leaving developers with some options,” said Bay Point President, physicist Andros. PCB Haven, LLC anticipates completing cerebration and inaugural within 12 months.




About Bay Point Advisors


Established in 2012, Bay Point Advisors LLC is a privately held concern supported in Atlanta, Colony specializing in customized, secured disposition solutions crossways actual realty and another industries, including entertainment, aviation, and uncolored resources. Since its inception, Bay Point Advisors has originated over $500 meg of privately negotiated loans. For more information, gratify meet www.bay-pointadvisors.com.





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Bay Point Advisors Funds $9.5 Million Hotel Construction and FF&E Loan in Panama City Beach, FL




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Bay Point Advisors Funds $9.5 Million Hotel Construction and FF&E Loan in Panama City Beach, FL

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