Strategic Capital Solutions Completes $22.5 Million Financing for Luxury Golf Condos in Punta Cana, Dominican Republic.SCS Expands Its Reach Throughout the Caribbean and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Strategic Capital Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("SCS") (www.strategiccapitalsolutions.com) today announced the closing of a $22.5 million acquisition and construction loan to an affiliate of JNS JNS Journal of Neurosurgery JNS Jump If No Sign JNS Narssaq, Greenland (Airport Code) JNS Journal of Neoplatonic Studies JNS Justification for New Start Capital Partners, Inc. (www.jnscapital.com) ("JNS"), a Florida based real estate development company. The financing will provide for the development and construction of a new 186 unit luxury vacation golf condominium complex called "Anabey", located in the exclusive Punta Cana Punta Cana, named after a local cape, is a region in the easternmost tip of the Dominican Republic. Covering about 4,200,000 m2 (approximately 1,100 acres), the region is home to a coastline of sandy white beaches and to a town of the same name. area of the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . The project follows two successful fully sold developments in the same area. "This is the second transaction that SCS has closed in the Dominican Republic and reflects our commitment toward financing commercial real estate projects in the region", says Edward O. Mehrfar, Managing Member of Strategic Capital Solutions. Anabey will consist of spacious residences spread over 28 buildings. Residents will have direct access to the White Sands Golf and Beach Resort surrounded by 18 holes of golf designed by the six-time champion Jose Gancedo. Each unit will be fully furnished, including flat-panel televisions, internet and cable access. Anabey will feature a resort-style swimming pool, 3 tennis courts, fitness centers and a nearby Casino. Van Negris, Chairman of JNS said, "We are pleased to have partnered with Strategic Capital Solutions for the financing of our Anabey project. Because of their in-depth understanding and experience in financing complex global transactions, the SCS team was able to rapidly bring the financing to completion. SCS not only provided the financing, but also materially contributed to the shaping and enhancement of the project itself. We look forward to financing other projects with SCS both in the Dominican Republic and elsewhere," Negris added. SCS believes that the Caribbean and Latin American markets currently offer tremendous opportunities for investors. "We are aggressively seeking hospitality and residential development opportunities internationally," said Daniel Leski, a senior member of the SCS business development team, "and expect to close another luxury condo transaction in Mexico very shortly." Closing international commercial real estate transactions can certainly be challenging, but SCS thrives on them. "Cross-border transactions require much more attention than conventional financings, but we have built our reputation on closing deals others won't even consider," said Mehrfar. ABOUT STRATEGIC CAPITAL SOLUTIONS, LLC Strategic Capital Solutions, LLC specializes in national and international financing for both conforming and "hard to place" Commercial Real Estate Loans and Project Financing Project financing A form of asset-based financing in which a firm finances a discrete set of assets on a stand-alone basis. ranging from $5 million to over $500 million. SCS prides itself on its ability to process expeditiously ex·pe·di·tious adj. Acting or done with speed and efficiency. See Synonyms at fast1. ex almost any commercial loan with competitive pricing. |
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