Looking for Loan?
Are you building or do you own a three or four star hotel and need funding? If so, you may want to consider talking to GE Real Estate. The company which is the real estate arm of General Electric Co. has about $60 billion invested globally in real estate. In North America, it has an equity ownership of about $14 billion, controlling $18 billion worth of real estate. On the lending side, the company has about $17.5 billion of total investment lending in the United States and Canada and loans about $12 billion yearly.
GE Real Estate has a fond place in its heart when it comes to lending to three and four star hotel projects. They have iinvested heavily in them in the past three years and were recently quoted as saying they feel, ” very comfortable to continue to be a lender in this sector”.