Protective Capital Structures Corp. (fka PCSO)

[DEMO P2]

read this and get excited

MORE BINGO MUST READ

FIFG is a Financial Services Holding Company that originates BCLOC loans through a subsidiary company and then funds the BCLOC loans by selling them to a Funding Conduit. The Funding Conduit pools the BCLOC loans and securitizes them by issuing bonds. The proceeds from sales of the bonds are used to fund the BCLOC loans and cover FIFG’s expenses.


Hotel Financial Strategies Announces Financings in the Amount of $400,000,000
1/10/2007
GRAND SIERRA RESORT


The $300,000,000 Grand Sierra Resort in Reno, Nevada, is the largest condo-hotel conversion in the United States. 825 rooms of the 1995 room/27-story tower are being converted into luxury hotel condominiums. This initial phase will also include a renovation of all of the public areas, the casino, the 27-story hotel tower, and exterior amenities. Future plans include the development of the nation’s largest water park and several condominium towers. One of the unusual aspects was that we did a bond offering rather than a conventional mortgage.


they did a bond and the bcloc is a bond.