Financing Requested Real Estate Puerto Rico
by Joel Rodriguez
(Ponce, Puerto Rico)
We need the financing for a 150 Room Hotel of 10 million dollars. The brand of the Hotel is Aloft in which we already signed a Franchise Agreement with Marriott International which owns the Aloft Brand. We have a Feasibility Study from HVS which is a very prestigious international company in the Hospitality Industry and certifies that the Hotel that we are going to build will be a successful investment. We have an Appraisal from an appraisal firm with expertise in Hotels that certifies that after construction the property will be valued at 20.8 Million dollars. We already have invested more than 3.5 million dollars in cash in the project. This includes land cost, design cost and many other soft costs like appraisal, feasibility study, etc. We have approximately invested already 30% of the total project cost and the location is Prime here in Ponce, Puerto Rico.
We have all the permits, approvals and full tax exceptions from the Government of Puerto Rico.
Please contact me through the 'Contact Us' page of this website.
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