Bed & Breakfast Inn Financing, Mortgages, and Loans
Innkeeper’s… 2013 Financing Update! By Rick Newman, Managing Partner of Commercial Capital Network, LLC 2013 looks promising for commercial banks and non bank lenders alike. For the first time since mid 2007 my investors are more flexible when considering properties in the hospitality sector. What a great time to buy! Rates are the lowest in [...]
“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 [...]
“As for words . . . it was certainly a pleasure doing business with you Rick, and I wouldn’t hesitate to do it again. You helped us out of a touch situation and were very professional while establishing a friendship. And we still want you to come out to visit us!” Liz Parrish & Peggy [...]
“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 [...]