Industry News
Morris Bailey and Dennis Gomes are paying $35 million for Resorts Atlantic City, at a time when gambling revenue is declining and customers are being siphoned off to Pennsylvania venues.
The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years.
The Dutch company's expansion has yielded disappointing results due to the weak economy, competition and the difficulties of exporting Western shopping concepts to a country steeped in different traditions.
A Jacksonville hotel missed paying its mortgage despite $5 million in help from the Hyatt chain.
Kerry Properties bought a luxury residential site in Kowloon Tong for a higher-than-expected price at a government land auction.
About Us
Fairmont Capital is a national Commercial Real Estate firm that provides advisory services, with four primary focuses to its clients, including:
Commercial Mortgage Financing
Private Mortgage and Bridge Financing
Investment Sales
Real Estate Ownership and Equity
The company uses its extensive experience to allow for its services to complement each other and meet the client’s objectives.
Additionally, Fairmont Capital is a member of The Fairmont Group. Established in 1983, The Fairmont Group is a multi-company alliance that provides a host of financial services to the real estate industry.
The Fairmont Group has earned an excellent reputation for providing professional services to the industry in a prompt and responsive manner. This service orientation, combined with its depth of knowledge and experience in dealing with unique financial transactions has propelled The Fairmont Group to be a forerunner in the industry.
Other Members of The Fairmont Group:
Rockwell Abstract, LLC is a title abstract company that performs searches and prepares title commitments on residential and commercial properties. Rockwell is an authorized agent of, and issues title insurance policies for major title insurance companies, including First American Title Insurance Company, Stewart Title Insurance Company and Fidelity National Title Insurance Company.
Nationwide Settlements, LLC is a loan settlement agent that represents and conducts residential and commercial mortgage closings on behalf of mortgage banks.
Fairmont Insurance Brokers, LTD is a full service insurance agency that specializes in property and casualty insurance for major commercial property owners. They further service their clients by offering a broad line of Life and Health, and Homeowner's Insurance.