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RobertDouglas Advises TPI Hospitality on Refinancing of Margaritaville Beach Resort Fort Myers Beach

Lodging

The financing, provided by an institutional-grade balance sheet lender, repaid construction financing, returned equity to TPI, and includes an earn-out structure for future proceeds based on performance. Trailing net operating income increased meaningfully from marketing through closing.

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TPI Hospitality refinances Margaritaville resort in Florida

Hotel Business

The financing, provided by an institutional-grade balance sheet lender, repaid construction financing, returned equity to TPI and includes an earnout structure for future proceeds based on performance. Fully opened in April 2024, that expansive resort features 254 guestrooms, five food & beverage outlets and the 60,000-sq.-ft. Beach Club.

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10 Tips When Buying a Hotel

MBA Hotels

More likely to close than deals made directly between seller and buyer. You don’t waste time on a deal that will not close. Potential pitfalls of a major renovation include excessive room closures, negative guest reviews, or even losing a large client due to noise and construction.