Rick Newman, owner of Commercial Capital Network, LLC and InnFinancing.com (CCN), is pleased to announce the acquisition of The Wagner at Duck Creek by his clients Leo and Erica Wagner. The Wagner at Duck Creek is located on Cape Cod in Wellfleet, MA, and represents the latest in a series of high profile inn and bed & breakfast acquisitions financed by CCN. As exemplified by the purchase of The Wagner at Duck Creek, customers of CCN benefit from Rick’s concierge inn and bed & breakfast consulting services which utilize unmatched industry experience and creative strategies to access and leverage capital to help his client’s achieve their goals as aspiring innkeepers.
“CCN’s services are unique to the bed & breakfast/inn marketplace,” explains Rick Newman. “By applying knowledge of the real estate, finance, and hospitality industries we provide the know-how to secure capital from traditional and non-traditional sources. Our ultimate objective is to help guide the buyers and sellers from contract to closing and to coordinate with other professionals and organizations integral to the process to insure everything runs smoothly and that the principals remain friends throughout the transaction and beyond.”
In the case of the Wagner at Duck Creek, Mr. Newman participated in every stage of the acquisitions process and guided the Wagners in their use of multiple sources of capital in order to not only acquire their dream bed & breakfast, but also consulted in the development of their long range business plan as the new innkeepers of a locally cherished business.
As expressed by Erica Wagner, co-owner of The Wagner at Duck Creek, “I learned early on through my research that finding the right people to assist you with this kind of transaction is mission critical. Rick’s level of expertise, industry resources, and his innovative approach to combining IRA and personal assets for property acquisition, proved to be instrumental and irreplaceable on our journey to owning The Wagner at Duck Creek.”
The Wagner at Duck Creek will open its doors to the public April 15, 2016 with a celebration and Grand Opening party for guests and invited attendees. The evening’s festivities will include a wine tasting and cocktail party, light appetizers, tours of the property, and musical entertainment. For more information on The Wagner at Duck Creek or to secure a reservation, visit www.thewagneratduckcreek.com.
CCN offers national resources and expertise to a wide range of clients interested in owning a bed & breakfast or country inn. CCN’s services assist both innkeepers and aspiring innkeepers alike with evaluating and verifying inn financials, aligning their assets for inn acquisition, and creating resourceful strategies for long term business success. Visit www.innfinancing.com for further information on Inn Financing and to learn more about the company’s most recent inn and bed & breakfast acquisition projects.