Contact us

$55M Bridge Loan to stabilize a newly built, full service, independent beach front hotel in Daytona Beach, FL

Loan Amount
$55,000,000
Property Type
Hotel, Bridge Loan, Hospitality
Area
Daytona Beach, FL
Purpose
Bridge Loan
Brand
N/A

First Financial Capital has closed a $55M bridge loan to stabilize a newly built, full service, independent, beach front hotel in Daytona Beach, FL. The 560k square foot property has 456 guest rooms, 11,716 square feet of meeting space and 3 full service F&B outlets. Additionally this project includes a 165k square foot garage with over 500 parking spaces. We fully funded the transaction in 45 days.

* To protect privacy, image may not be of the described site.

Related Financings

$8.6MM Construction Loan at 94% LTC for Gas Station and Carwash

First Financial Capital has successfully financed the construction expenses for the development of a Chevron branded gas station, 4000 square foot convenience store, a quick service restaurant space and a car wash in Fairfield, CA. This will be a state-of-the-art Chevron gas station sitting on 1.65 acres which we project...

Read more

$1.9MM Funded for Tracy CA Gas Station Acquisition

First Financial Capital has successfully provided financing for the acquisition of a Valero gas station in Tracy, CA.The borrower, a seasoned operator with several sites already under ownership in the region, was seeking to strategically expand his portfolio. Our objective was to structure financing that maximized leverage while maintaining operational...

Read more

$2.9M Real Estate Only Acquisition Loan For Existing Gas Station Operator

First Financial Capital has successfully financed the acquisition of the land for an existing operator of a gas station in Vacaville CA. Providing financing for this site with seamless since the borrower had already owned the business and was simply exercising the right to purchase the land. We stepped in...

Read more

Cash-Out Refinance of 5 Gas Station Portfolio in Nevada & California

First Financial Capital has successfully closed the refinance of a 5 gas station portfolio spanning across California and Nevada the purpose of this refinance was to provide cash out proceeds to cover a complicated payoff structure that included removing various types of liens, satisfying a judgment, legal settlement and working...

Read more

Tell us about your project

Get in touch

Our office

  • First Financial Capital
    9255 Sunset Blvd, Ste 800
    West Hollywood, CA 90069
  • Contact
    (310) 694-5060