BOSTON – FinanceBoston has arranged a €20,500,000 loan for the refinance of Parknasilla Resort and Spa on the Ring of Kerry along the Wild Atlantic Way in Co. Kerry, Ireland. The Resort is one of the most luxurious and scenic getaway locations in all of Ireland. Sitting on 500 acres, the resort consists of 88 hotel rooms, 38 three-bedroom villas & 24 lodges and offers a 9-hole golf course, fine dining, world-class spa treatment, and direct views of both the Atlantic Ocean and the mountains of Co. Kerry. This loan allows the Owner to repay existing debts and focus on continuing to build on increasing revenues.

“This is a stunning and historic luxury resort in one of the most picturesque corners of Ireland. I’m delighted to be able to assist our client with the refinance and excited to see what plans they have in store! Judging by our clients track record and expertise, we know that the first-class hospitality and service will continue to be a prominent feature in their next chapter.” said Alex Blake, Senior Associate at FinanceBoston.

FinanceBoston, a real estate capital advisory firm, provides real estate operators & developers with custom capital solutions for acquisitions, developments, and refinances. Founded in 2004, FinanceBoston has earned a loyal client base that continuously relies on the firm’s creative capital advisory solutions for both debt and equity needs.