Posts Tagged Real Estate
Invest in The New Holiday Inn Canary Wharf
Experience International, leading overseas property experts, recently launched a brand new exclusive UK investment opportunity to invest in a hotel room in a new Holiday Inn right by Canary Wharf.
Statistics show that the hotel market in London is one of Europes strongest in terms of Revenue per available room (RevPAR) continuing to outperforming Rome, Brussels Madrid, Berlin and Amsterdam in recent years. Source IHG
The global hotel brand, Holiday Inn has identified the large demand for good accommodation in the Capital and is therefore partnering on this high yielding new hotel investment opportunity.
Holiday Inn Canary Wharf - Flagship Hotel
IHG - Intercontinental Hotels Group (owner of the Holiday Inn brand) have designated Holiday Inn Canary Wharf as their flagship hotel in Docklands.
The 4* hotel will be operational in the third quarter of 2011 and as an official Olympic partner, Holiday Inn Canary Wharf will be a feeder hotel for the much anticipated games.
“The London Docklands area is to be the focus of much investment over the next two years in preparation for the 2012 Olympic Games.”
Wall Street Journal, Market Watch, 2010
“Two decades after Canary Wharf arrived on the map as a business district the area is finally maturing into an attractive residential neighbourhood, with shops, a round-the-clock social scene and, above all, improving transport links… The 2012 Olympics will shine an international spotlight on the area, and still to come are the
“legacy” benefits of better infrastructure and facilities.”
Evening Standard, Homes & Property, 2009
For further information and to download an investor prospectus go to HolidayInnCanaryWharf.co.uk
Private Money
Private money Lenders earn their money by making loans and providing loan services to individuals who need private money (loans made by private individuals.) There are generally two types of private money professionals, direct lenders and brokers. Most professionals in the industry are actually brokers. A few private money lenders act as both brokers and direct lenders. In these circumstances, the individual generally funds only one or two small loans each year and acts as a broker to borrowers for the rest of the loans that come through the door.
Deciding whether to go with a private money broker or a private money lender is much like deciding whether to purchase a home with the help of a realtor or whether to write an offer directly to the seller, representing yourself in the transaction.
Benefits Of Using A Direct Private Money Lender
The upsides of working with a direct private money lender or investor are pretty straight forward: you save money by cutting out the middle man. Brokers are compensated for the work they do by charging points on the loan transaction, often times in addition to the points the end investor charges. Because of this, the more brokers you have in a given transaction, the more the money is going to cost you when everything is said and done.
If you have been lucky enough to be working with a direct private money lender who is a good match for your project, you will be dealing directly with the end user or investor, avoiding the ?run around? that so many private money borrowers fall prey to. There are both positives and negatives to this.
By working with the end investor directly, you can be assured that you are hearing your information and updates first hand, which may allow you to close your transaction more smoothly. After all, no one knows your transaction like you do, no one can discuss any items that the investor may have questions about better than you are able to, and no one is as committed to your business and your private money loan as you are. The down side to working directly with the investor, however, is working with the direct private money lender means that either your loan funds or it doesn’t, there are no other options if the private lender declines your request, except to go back to searching for another direct lender that happens to like your particular transaction.
Benefits of Working With a Broker
The advantage of working with a broker is also clear: a good, hard working, well connected broker will know and have relationships with the direct investors with whom your loan scenario will fit. A quality broker will help you put toghether your loan package properly, improving the chances that you are able to obtain the funding you need at the terms you desire in the proper amount of time with minimal legwork and stress on your part. Selecting a good, seasoned private money broker will enable you to package your deal properly, which is extremely important, and send it to the correct direct private money lenders for your situation. Working with a private money broker will help ensure that your transaction goes as smooth as possible, and actually gets funded.
When you get right down to it, your choice to work with a private money broker or directly with a private hard money individual will depend on whether or not you personally know a direct private money lender and whether or not you want to present your scenario directly without the aid of a professional.