PMZ Realty Capital, LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, has arranged a $5,000,000 non-recourse acquisition loan at a very favorable rate for the Holiday Inn Express Venice in Venice, Florida.
The 74-room hotel is located near St. Petersburg, Naples and Tampa directly off the Interstate and is right on on the world-famous 14-mile stretch of beach on the Gulf of Mexico known as “The Shark Tooth Capital of the World”.
“The borrower had a very tight time frame due to year end closing requirement of the seller,” stated Peter Berk, President, PMZ Realty Capital. “We worked with a large German Bank to secure financing for several properties, which included refinancing part of the portfolio as well as the acquisition of the Holiday Inn Express.”
PMZ Realty Capital LLC is highly regarding within the hospitality industry for their integrity, creativity and advocacy on behalf of their clients. With over 75 years of combined experience, they are the industry experts and as such, are frequent contributors to industry publications and conferences. The firm approaches each assignment with passion, commitment and dedication to achieving the client’s objectives.
For more information about PMZ Realty Capital LLC or to contact the firm to finance your next hotel, contact Michael Sonnabend, Managing Member, PMZ Realty Capital LLC at (212) 277-8252.
About PMZ Realty Capital LLC
PMZ Realty Capital LLC is a boutique real estate investment banking firm that operates on a nationwide basis. Their advisory services are focused and highly specialized with the singular goal of creating the most advantageous capital structure for their clients. The firm focuses on debt and equity financing, note sales, joint ventures, recapitalizations and real estate advisory services. PMZ Realty Capital LLC is a national leader in hospitality financing and also has an extensive transaction history with other asset classes, including office, retail, self-storage, multi-family and industrial properties.
