Bed & Breakfast Inn Financing, Mortgages, and Loans
“Commercial Capital Network just financed and closed the acquisition Pineapple Hill Inn located in New Hope, PA. Kindly reach out and welcome the new innkeepers, Roy Scott and Scott Stern. “Rick Newman, Managing Partner Commecial Capital Network
Please welcome the Hudson Valley’s newest innkeepers, Valerie Valente and Eric Miller, who recently purchased The Journey Inn Bed & Breakfast in Hyde Park, NY.
“We were pleased to provide funding for this wonderful inn, and to once again work with Eliot Dalton of Inn and Vineyard Brokers, New York.”Rick Newman, Managing Partner Commercial Capital Network
“Just Closed and Funded – The Mast Farm Inn, Banner Elk, NC.”Henri and Marie-Henriette Deschamps
“We met Rick in 2006 and asked if he would agree to consult with us on issues impacting a seller in a transaction and also what a buyer might encounter in financing an inn. He offered to review and keep confidential our financial data to use in evaluating a buyers financial data to arrange financing options for buyers. I provided Rick updated financial results from time to time as we recommended that the buyers utilize Rick’s services to pre-qualify them as good prospects for our inn. We attempted transactions with a few prospects but final agreements did not occur for reasons unique to each potential buyer. After two years of discussions and updates our cooperative efforts were successful my wife and I sold our Bed & Breakfast in November 2008.”David and Nadine Meade Cornerstone Bed & Breakfast Philadelphia, PA”
“Bob and I have been innkeepers at the White Doe Inn for 12 years. We’ve decided that is was time for our own Inn to undergo some improvements and improve large accommodations on the property for the Innkeepers. Our situation required that we apply for a commercial loan rather than a residential mortgage and Rick Newman at Commercial Capital Network worked with us to make this happen. Rick was a very helpful by advising us every step of the way and we were able to get what we needed to accomplish our goals.”Bob and Bebe Woody
“Rick Newman and CCN made our dreams a reality! His creative and positive approach to the financing of our Inn helped solidify this purchase. His wealth of knowledge about this industry was apparent throughout the process and his availability to us at anytime of the day, (not just 9-5) was greatly appreciated and helped set us at ease on many occasions. He has a true desire to help people. We would consider purchasing another Inn, only if Rick and CCN were involved!”Lori & Lil Lacassagne
InnFinancing.com provides useful information to Innkeepers who wish to re-finance or re-structure the existing bed and breakfast mortgage obligations and Aspiring Innkeepers seeking to purchase and finance “The Inn of their dreams.” Commercial Capital Network (CCN), a nationwide mortgage lender / broker specializing in mortgage loans and financing for Bed and Breakfasts, Country Inns and Resort Properties, is the owner of this website. CCN provides access to commercial loan programs that may be used to either purchase or refinance bed & breakfast or an inn. CCN’s loan programs may be individually tailored to accommodate the long and short term financial and investment objectives of an inn owner or aspiring innkeeper.
PRINTABLE VERSION - Should I Order an Appraisial Prior to Listing My Inn for Sale
By Rick Newman, Managing Partner of Commercial Capital Network, LLC
All Bed & Breakfasts/Inns are unique by design; in fact, it is that special and unique quality that distinguishes one Bed & Breakfast/Inn from the next. Innkeepers invest their creative energy and capital over time to create a welcoming and hospitable environment that is unique …