$40.5 Million DIP Financing:  Coral Reef Hotel Reorganization -  Wakiki Beach, Hawaii.   SCS assisted a leading Hawaiian hotelier, Andre Tatibouet, to emerge from bankruptcy and regain his foothold as a leader in the hospitality market, by successfully closing a $40.5 million debtor-in-possession loan. The financing was secured by the 247-room Coral Reef Hotel in Waikiki Beach (pictured) as well as Tatibouet's own 18,000-square-foot Hawaiian home.    

 

 

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$22.5 Million Financing for Luxury Golf Condos in Punta Cana, Dominican Republic -  Acquisition and construction loan for the development and construction of a new 186 unit luxury vacation golf condominium complex located in the exclusive Punta Cana area of the Dominican Republic. 

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$53.4 million financing for the construction of the first premier luxury condo development in Greenpoint, Brooklyn-  Financing for the Construction of the largest scale luxury condo development in Brooklyn, NY, with 130 units across 6 stories. Located in the heart of Greenpoint, Brooklyn, this unique development will be the first Manhattan-style condo development of its kind in the area.  

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$1.8 Million Financing for innovative office Warehouse Condo Development in Pine Island, Florida Construction loan for the development of a 20,000 square foot Warehouse Condominium complex in Pine Island, within Cape Coral, Florida. The building has 10 warehouse units, each with its own office and mezzanine area.

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$2.0 Million Asset Based Financing for Eletrical Subcontractor in New Jersey:  Working Capital and Accounts Receivable Line of Credit to provide expansion funds for this reputable electrical contractor serving top quality homebuilders nationwide.  

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$5.0 Million Refinancing and Renovation loan For BioChip Plant in Maine-  Renovation and Working Capital Financing to provide funds to upgrade biofuel plant for sale of alternative electricity to major power utilities.   

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$2.5 Million Asset Based Financing for Electrical Subcontractor in Maryland:  Working Capital and Accounts Receivable Line of Credit to provide expansion funds .

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$55 Million Development and Construction Loan, Tamarack Ski Resort, Idaho.   Development and Construction Loan for this 3,600 Acre Residential, ski and golf resort located in Lake Cascade, Idaho.  

 

 

 

 

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$25 Million Acquisition and Development Loan, Luperon, Dominican Republic.  Acquisition and Development Loan for 2,200 acre residential and resort community development.  

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$37 Million Development and Construction Loan, Los Banos, California.   Financing Commitment for a 400 Acre proposed residential and golf resort community, which included a golf-course, swimming pool, tennis courts and public clubhouse. 

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$2.0 Million Franchise and Real Estate Acquisition Financing Facility, Buffalo, NY-  Financing to develop and operate up to 5 restaurant locations for a major nationwide restaurant chain in the New York Area.  Funding included real estate acquisition, FF&E and working capital financing to start-up, own and operate such newly developed locations on behalf of a major sponsor.