ABSOLUT INTERESSANT vom i-hub Moderator!
Posted by: balamidas
In reply to: cashflo who wrote msg# 43834 Date:3/25/2008 4:02:27 AM
Post #of 43856
***READ THIS ****OUR CONDUIT LENDER inside:
HFS hotel financial strategies Hotel has the deal with GRAND SIERRA RENO .
(nOtice GRAND SIERRA under recent TRANSACTIONS of HFS :
http://www.hotelfinancial.com/recent/recent.html )
so HFS was the engineer of the deal below that we know about :
RELM Real Estate Holdings, Inc.
Recent Acquisitions
RELM's has signed a purchase contract to acquire a 68,000 square
foot office building, and signed a letter of intent to acquire
a 27-story 1995 room hotel which is conditioned upon financing.
Both projects have received letters of interest for financing
totaling [$585,000,000] from a commonly controlled company,
and an independent third part lender providing up to [$175,500,000]
in short term financing. RELM has received a Letter of Interest
from a commonly controlled company for approximately $1 billion
in long term financing over the next 12 months to fund acquisitions
http://relmholdingsinc.com/id2.html
*****but as you can see the deal is conditioned with a THE FINANCING closure!!!!
where those funds come from???who linked HCPC to HFS???
if you look well on HFS website you find a strategic ALLIANCE link:
http://www.hotelfinancial.com/company/alliances.html
and here you will find the COMPANY BEHIND ALL THAT SHOW !!!!!
********HORWATH HOSPITALITY & LEISURE **********************
http://www.horwathhospitality.com/profile.php
from HFS SITE :
We have a strategic alliance with Horwath Hospitality & Leisure. With offices throughout North America and London, their primary activities are consulting, appraisal and brokerage.
Horwath's services for individual assets, development sites, portfolios and companies in the hospitality, tourism and leisure sector include: Brokerage
Financing & Equity Origination
Consulting: Asset Management, Appraisal & Real Estate Consulting
*****The Horwath team handles the full spectrum of hospitality real estate (FOR HOTEL FINAnCIAL STRATEGIES)!!!!!! , from limited service to high profile properties, including urban, suburban and resort hotels. They also handle distinct products such as conference centers, extended-stay hotels, condominium hotels, vacation ownership/fractional properties and golf courses.
Horwath has been a global leader in the hotel and tourism sector for over 75 years, and offers clients immediate access to one of the world's largest hospitality practices with over 40 offices and 150 professionals dedicated to the hospitality industry. They help clients stay current with emerging trends in the global hospitality and tourism industry. Horwath provides clients with local, national and international access to hotel investment and financing opportunities and to strategic solutions designed to achieve optimum results********
YOU WILL NOTICE THAT : Horwath Hospitality & Leisure Limited is a Delaware Corp!!!!!!!!!!!!!
THEIR Resident Agent IS VERY CLOSE TO HCPC one!!!!
and this COMPANY also has a London office !!!remenber the previous failed merger with a london based insurance company???probably they were the tailors of that deal at the time!!!THEY HAVE BIG INTEREST IN HCPC ACTIVITIES!!!
HORWATH HOSPITALITY & LEISURE is our CONDUIT LENDER !!!!!
"Heritage will develop an action plan to merge with its conduit lender that will provide the capital infrastructure for launching new business and funding remaining BCLOCs in the pipeline."
they are planning to merge with HORWATH HOSPITALITY & LEISURE imo
from HHL WEBSITE:
"Transactions simply don't happen without the proper financing! Our hospitality and tourism finance experts evaluate, structure and can source the most favorable capital for the deal.
Our team is experienced in evaluating, structuring and solving the financing needs for hotel, tourism and leisure projects, portfolios and companies. We help identify and secure favorable long-term debt financing as well as equity partners from traditional and alternative sources. In addition, the Horwath International network provides us access to global capital market players that may not be very visible in the local market.
Each client and each project is unique and the approach to the capital markets is made with the client's goals and objectives in mind. Our clients include new developments, existing hotel, tourism and leisure projects and companies in distress or operating with sub-optimal structures. We package the opportunity with an eye to addressing lender and investor concerns, and carefully evaluate the opportunities, working them through to a successful funding "
regards