Recent Funding/Commitments:

AARCS Structures $2,500,000 Financing for Quality Inn, FL

AARCS Financial Group, Inc, a New Jersey based Commercial Mortgage Consulting Firm arranged a financing for the cash-out refinancing of Quality Inn, a 133 Room Independent Property to be converted to Quality Inn located in Palm Florida.

Quality Inn, FL

Biren Sheth, President of AARCS, arranged the $2,500,000 first mortgage loan, which was funded through a National Commercial Bank.  The 25 years, recourse loan provided for roughly 55% loan-to-value with a 6% interest rate.  The property was 65% occupied at the time of closing.  According to Sheth, “AARCS was able to arrange the financing and facilitate a quick close for the client despite the challenging capital markets.”

About AARCS Financial Group:

AARCS specialty is; in difficult to place Hotel/Motel and other commercial real estate financing Nationwide.  "We assist clients who cannot easily obtain financing through their own bank", explains Biren Sheth, President.  "We help them finance through other sources such as non-bank institutions, private lenders, insurance companies and many more.  We operate nationwide and Do NOT charges any upfront fees."

AARCS takes pride in its experience, prompt, and effective services.  Founded in 2000, this commercial financing consulting firm mostly handles hotel/ motel financing to obtain Acquisition, Refinancing, Construction/ Permanent, Mezzanine and Bridge Financing/ Mortgages. They have funded and committed over $300 Million financing in the last few years, with over 90% of their financing for Hotel/Motels only.  They assist their clients in negotiating purchase contracts with so many major hotel brokerage firms in the country, with different Sellers, Franchise Agreements and Punch lists.  Loan amounts range from $1 million to $50 million from over 200 lending sources.

President Biren Sheth is involved in all facets of deal management, origination and business development activities.  Sheth has been a hotels and restaurants owner and fully understands the industry financing needs.  AARCS Financial Group, Inc.'s offices are located in West Caldwell, NJ.

For additional information on this transaction, please contact:

Biren Sheth, President
Email: shethbiren@aarcs.com
Phone: 973.364.8435
Cell: 973.819.8189
Fax: 973.364.8436