Capital One Closes $100 Million Senior Warehouse Facility for Diamond Resorts International

Capital One Closes $100 Million Senior Warehouse Facility for Diamond Resorts International

Capital One announced today that it closed a four-year $100 million senior warehouse facility for Diamond Resorts International, which will use the facility to finance notes receivable generated from the sale of vacation ownership intervals from its resort properties. Diamond Resorts is one of the largest timeshare companies in the world, with 426 managed and…

Capital One Closes $100 Million Senior Warehouse Facility for Diamond Resorts International

Timeshare Industry Professionals Expect Stronger Consumer Interest and Demand for Points-Based Products in 2016, Capital One Survey Finds

Survey respondents expect highest sales growth at beach properties More than 95 percent of timeshare industry professionals expect consumer interest in the timeshare market in 2016 will be stronger or on par with the past year, according to the fifth annual Vacation Ownership Survey by Capital One. Nearly three-quarters (74 percent) of those surveyed believe…

Capital One Closes $100 Million Senior Warehouse Facility for Diamond Resorts International

Capital One Closes $90 Million Loan Facility to Finance Conversion of Orlando Hotel to Vacation Ownership

Capital One announced today that it served as the agent and sole lender for a $90 million loan facility to finance the conversion of the Westin Orlando Universal Boulevard, a 12-story, 256-room condominium hotel in Orlando, to a 226-unit Las Palmeras by Hilton Grand Vacation resort. The property is adjacent to the Orange County Convention…

Mike Szwajkowski

Timeshare Industry Professionals Expect Rising Demand for Construction Financing, Fourth Annual Capital One Survey Reveals

Many timeshare industry professionals expect sharply increased demand for construction loans in the coming year, according to the fourth-annual Vacation Ownership Survey by Capital One. Thirty-three percent of those surveyed cited construction and development lending as most important for the industry, nearly triple the 12 percent response in last year’s survey. In contrast, working capital…

Jim Casey, CapitalOne

Capital One Bank Closes $35 Million Loan to Fund Notes Receivable for Colorado Ski Resort

Capital One Bank announced that it has provided a $35 million loan to finance notes receivable for the Grand Colorado on Peak 8, a timeshare resort with 75 two-bedroom equivalent units, ranging from one to four bedrooms, located at the base of Peak 8 at the Breckenridge Ski Resort in Breckenridge, Colorado. The project is…