The loan was used to purchase the 198 room hotel from a private vendor, with the remainder of the facility being used to fund the redevelopment of the seven-storey building into a luxury branded resort and beach club, set to open in summer 2019.
The loan was used to purchase the 198 room hotel from a private vendor, with the remainder of the facility being used to fund the redevelopment of the seven-storey building into a luxury branded resort and beach club, set to open in summer 2019.
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