Commercial Capital Network, LLC/InnFinancing.com (CCN), owned by Richard K. Newman, recently provided funding and acquisition services for The Lake Pointe Inn. This stunning historic property is located in the picturesque mountains of Western Maryland. The purchase of The Lake Pointe Inn is a dream come true for aspiring innkeeper’s Scott and Lenina Lack, a newly married couple who desired to leave the corporate world behind and share in the adventure of owning their own inn.
CCN’s expertise in financing bed & breakfast was instrumental in the Lacks acquisition and transition in ownership of The Lake Pointe Inn, which closed on October 29, 2016; just 45-days from contract date.
Rick’s extensive industry resources, banking relationships, and thorough knowledge of bed & breakfast/hospitality industry was employed to ensure the processes flow smoothly and that the buyer and seller emerge from the closing as friends.”
The upcoming winter season will be something to enjoy at the Lake Pointe Inn. The snow-covered mountains surrounding the inn paints the perfect picturesque backdrop for seasonal festivities, a ski retreat, ice fishing, cross country skiing, bonfires or simply a relaxing weekend getaway with Scott and Leneana.
For more information on The Lake Pointe Inn, or to make a reservation, visit www.deepcreekinns.com.