TAMPA, FL – March 29, 2023 — WebWire – Essex Capital Group, Inc. (“Essex”), announced today that the firm recently arranged a $19,400,000 debt facility to fund the acquisition and renovation of an existing Hilton Garden Inn hotel located in central Florida (the “Financing”).

The debt Financing was a part of an overall $27.0 million acquisition and renovation of the hotel.

Rob Swain, Essex President said, “Essex was approached by a highly experienced hotel ownership team with a contract to buy a profitable Hilton property that was in need of updating. We were pleased to be able to execute a debt financing solution for the principals, especially considering the currently stressed banking environment.”

Essex Capital acted as the exclusive financial advisor for this transaction.

About Essex Capital

Based in Tampa, Florida, Essex Capital is a corporate finance advisory firm, providing professional debt capital raising services to lower-middle market privately held companies throughout the United States, successfully raising over $1.5B in 150+ transactions since 2003.

Contact

Rob Swain
rob@essexcg.com
813.391.2773

Media Inquiries

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tripper@oxandb.com
678.575.0711