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…

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…