Timeshare development/vacation ownership specialty lender Colebrook Financial Company announced the finalization of a loan to FantaSea Resorts for acquisition of inventory at Atlantic Palace Resort in Atlantic City, New Jersey. Colebrook finances all three of FantaSea Resorts’ Atlantic City properties—Flagship, LaSammana and Atlantic Palace.
“Bruce Kaye and his companies have been the leaders in the Atlantic City timeshare market for over 20 years,” says Colebrook Financial Partner Bill Ryczek (pictured here). “We’re delighted to assist him in expanding his operation.”
“The principals at Colebrook have been terrific partners for us since 2009 and were particularly supportive throughout the recent recession,” says FantaSea Resorts CEO Bruce Kaye. “They go the extra mile to make themselves available to answer questions or to help solve any problems. We look forward to continuing our relationship for many more years.”
About Colebrook Financial Company
Colebrook Financial Company is a lender specializing in the timeshare/shared ownership industry and provides hypothecation and other financing products for developers in the US, Mexico and the Caribbean. Colebrook is large enough to provide financing in the $20-30 million range but small enough to deliver a unique brand of personal service. For further information call Bill Ryczek at 860-344-9396.
About FantaSea Resorts
FantaSea Resorts is proud to be the premier independent provider of Vacation Ownership products and services in the Northeast. Since coming to Atlantic City in 1992, our portfolio of properties has grown to include three unique resorts that include 700+ units, making us the largest non-casino hospitality provider in the entire city. Whether you choose Flagship or La Sammana, one of our properties will be certain to satisfy your unique tastes.
As the largest private employer in Atlantic City and one of the largest in all of Atlantic County, we are committed to delivering a high level of personal service to each of our over 37,000 owners. We are dedicated to delivering memorable vacation experiences both in Atlantic City and throughout the world with our global exchange partners, RCI and Interval International.