ATC Managers Closes $6 Million and $8 Million Hotel Refinance Transactions
Summary
This arrangement will afford the borrower the necessary time and flexibility to transition to a conventional loan.The second deal encompassed an $8 million refinance for a hotel owned by multiple partners. This arrangement significantly decreased monthly payments and provided the liquidity the partners sought.Vanmatre Wilbur, CEO of ATC Managers, expressed his enthusiasm about these successful transactions: "These deals exemplify our commitment to discovering the optimal solutions for our clients, even in challenging circumstances. By leveraging our extensive network and market expertise, we were able to deliver competitive rates and flexible terms that meet our clients financial goals. Since our inception just three years ago, we have rapidly grown to become a leading provider of real estate investment capital, having funded over $572 million in loans. Recognizing the unique challenges and opportunities in the market, our founder Vanmatre Wilbur was driven by a vision to empower investors with the financial tools they need to succeed.