Liberty Bank renews $13.5MM Loan with Calypso Cay
Liberty Bank renews loan with Calypso Cay Wellington Financial says Liberty Bank’s $13.5MM loan will finance timeshare receivables. Charlottesville, VA & Middletown, CT; February 2017 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank recently completed a loan of $13.5 million to Timescape Resorts, LLC, developer of Calypso Cay... Read More →
Wellington Financial & Liberty Bank Celebrate 20 Years of Partnership Financing the Vacation Ownership Industry
Wellington Financial and Liberty Bank recently announced the 20th anniversary of their partnership financing the vacation ownership industry.
Liberty Bank to Finance Phase II for Bluegreen Patrick Henry Square
Wellington Financial says Liberty Bank committed $31.5MM to PHI Redevelopment, LLC, for further development of the timeshare property in Williamsburg, VA. Charlottesville, VA & Middletown, CT; October 2016—Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank has committed to provide a $7.5MM construction loan and a $24MM receivables hypothecation loan... Read More →
Wellington Financial announces Liberty Bank’s $40MM loan renewal to Silver Lake Resort
Wellington Financial announces Liberty Bank’s loan renewal to Silver Lake Resort The Orlando-based timeshare resort developer is using $40mm for receivables financing and $6mm for development. Charlottesville, VA & Middletown, CT; August 2016 – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank has renewed a long-term lending relationship with... Read More →
Liberty Bank Commits $66MM to I-Drive Resorts
Liberty Bank announces $66MM in loan commitments to I-Drive Resorts Charlottesville, VA & Middletown, CT – August 2016 / Newsmaker Alert / Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced the bank closed a $26.6MM acquisition loan to I-Drive Resorts, a company related to Accelerated Assets, LLC, based in Birmingham, Michigan. Liberty Bank is... Read More →
Liberty Bank renews $50MM receivables loan with Bluegreen Vacations
Resort Finance lending correspondent, Wellington Financial, accounces Liberty Bank’s renewal of a $50MM receivables loan with Bluegreen Vacations Charlottesville, VA & Middletown, CT; (March 2016) — Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the bank has recently renewed a financing agreement with Bluegreen Vacations (“Bluegreen”). Bluegreen is a major vacation... Read More →
Liberty Bank Participates in $575 Million Revolving Credit Facility for Orange Lake Resorts
Liberty Bank commits $55 Million Participates in $575 Million Revolving Credit Facility Charlottesville, VA & Middletown, CT – February 2016 / Newsmaker Alert / Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank recently committed to a $55 million participation in a $575 million revolving credit facility for Orange Lake... Read More →
Senior Vice President Shawn N. Brydge appears in Developments Magazine
Wellington Financial senior vice president, Shawn N. Brydge, was interviewed in the January 2016 issue of Developments magazine about the upcoming ARDA World 2016 Convention. Shawn Brydge – Developments Interview – January 2016
Liberty Bank announces Jay Gordon has returned to Resort Finance division
Liberty Bank announces Jay Gordon has returned to Resort Finance division Charlottesville, VA and Middletown, CT; January 2016 — Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, announced that Jason “Jay” Gordon has returned to Liberty’s Resort Finance division as a vice president and senior resort finance officer. Gordon worked for the... Read More →
Liberty Bank renews $38MM commitment to Smugglers’ Notch according to Wellington Financial
Wellington Financial says Liberty Bank’s loan will continue to support ongoing development for the Vermont timeshare resort developer. Charlottesville, Virginia (July 2015) – Wellington Financial, the exclusive Resort Finance lending correspondent for Liberty Bank, says the bank recently renewed its existing $38 million receivables loan and $13mm inventory loan to Smugglers’ Notch in Vermont. “This... Read More →