$30M Mortgage Wanted Secured by $120M FL RE
Looking for $30,000,000 - 10-year mortgage on this 660,000 sf - 54.2-acre commercial Real Estate in Port Charlotte Florida, currently insured for $120M.
We have $58,220,000 invested. Total Project Cost is $88,220,000.
(33% LTV) $30 Million USD required to complete project.
Projected Annual Gross Income; $197+M after tenant construction updates.
This Florida property will be marketed as a tourist attraction for live shows produced daily for major networks. Many of our Hollywood, Music City, and Broadway friends have already moved to Florida, ready to Host/Entertain new shows.
We are also looking for new family-approved talent we can record, tape, and promote to add to our original show productions distributed on national and global networks.
In addition to original productions produced daily by several companies including ours, 7 national arts & crafts, entertainment, TV & Film, music, digital and animation Hall of Fame Museum exhibits and Awards Shows will be located here to entertain audiences.
Building is 40% leased with positive income and after studio build outs, 100% will be leased within 10 months with projected net income of $197M per year with 50% given to causes benefitting children, families, and disaster victims.
In addition to TV/Radio/Podcast studios, animation studios with AI technologies will be designed for new shows including children's programming and marketing.
HOST Academy will offer Free Daycare for all employees and/or paid skills training interns.
We now have over $58M invested in this project to date. You are invited to join us to entertain the world while giving a hand up to many. 50% of our live show tickets, after expenses, can raise over $100 million dollars annually for children, families, communities, veterans, disaster victims and other worthy causes, We do not support political endeavors.
You will need to provide proof of US funds from a registered bank or lending institution and be able to transfer loan to our Florida credit union within 60-days of documents signed.
Financials (USD)
Amount Sought $30,000,000
Type Sought Mortgage
Use of Proceeds Capital Expenditures
Deal Terms
Listed By Owner
Offering Memorandum Or Prospectus Available? Yes
Willing To Pay Finders Fee? Yes
Willing to Co-Broker? Available On Request
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