BiggerPockets

I have a casino deal that I have been working on for the last 3 years and now have run out of money to finish everything. Due to the nature of the bond that will be issued I'm required to have a total of $5M in working capital to move the Paradise Found® Project forward until the first tranche of the Bluestone America Inc 144A Life Settle Guaranteed DBRS A Rated Bond Sale Proceeds is available. We have secured $2.5M of the $5M from Ovations (owned by Comcast and is the company that will provide all the food and beverage services at the casino) and are now seeking the final $2.5M. Whoever comes to the table with a private $2.5M with get 30% ROI within a year from the sale of the bonds that are lined up and ready to go we just first need to show a working capital amount of $5M. Below is the information on the bond that we have already been given a soft commitment from investment banks who will buy it no problem once it goes to market.

O'Melveny and Meyers (www.omm.com) has been engaged to handle legal for the Bond Offering, Deloitte Touche (www.deloitte.com) is handling the accounting and audit of the Life Settlement Assets, Cantor Fitzgerald (www.cantor.com) is the Dealer/Broker for the Bond Offering and a Trustee (yet to be named) will be responsible for administrating the Life Settlement Portfolio and the Bond over its 10-year Term. O'Melveny & Myers will be establishing the Bond Offering as an Irish Qualifying Investment Fund. This is the take out financing to repay the $2.5M in really a very short period of time, so any investor will recieve a total of $3,250,000 within a year or less depending on the bond sales.

If there is anyone interested that is serious please email me with your contact information and lets talk. I'm willing to bend a little to make things work so everyone is happy. Thanks!! :D

Here are the lender details, This lender has 35 years experience in the business and owns 4 financial corporations. Email me for the loan docs right away.

Need a hardmoney lender for commercial properties? Min 2Million to 15Million. Send an email to Dedra Allen at dedraallen@yahoo.com for loan docs.

FAQ ABOUT LENDER:

http://www.biggerpockets.com/blogs/1126/blog_posts/6925

Hardmoney lender hub information

http://hubpages.com/hub/Real-Estate-Connection

What lien position will the provider of the $2.5 million be in?

Hi, what you will get here is two out of four comments by those wanting to be a link as if this were a promisory note for sale. One will likely inquire about a security position, which won't exist and the other will be telling you that such solicitation can kill your deal as you seek funding for a non-regulated security to date. Let the law firm and underwriters seek the necessary financing. If you need cash for your contribution, contact those you have a business relationship with and don't publicly solicit funds. Good luck, Bill