Tom Shankle

MD, USA
Role(s):

Atlantic Marine Management, Inc.

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Location:
Industry: Recreation
Year Founded: 2006
Number Employees: INVALID
Description: We ((URL removed) ) are looking for investors to assist us with a Marina project. We had the project fully funded by Private Equity, the US sub-prime mortgage market affected our funding, We have a hard date of October 1, 2007 to sign acquisition contracts w/ 30 days due diligence afterwards then close. Project basics: Real Estate & existing business acquisition - $9.5M – Current Value AS IS estimated at $15M Construction & Renovation costs - $8.1M – Future value after improvements estimated $34M Plus reserves & fees… We have $500k Cash, & the Seller is willing to hold a second of $1M. Is this project of any interest?