Welk Resorts Received Increased Financing
Thursday, November 25th, 2010Welk Resorts has received increased financing commitment from Liberty Bank. The increase in lending commitment is now $35 million, up from $10 million. Liberty Bank representatives have stated that they are very pleased with the performance of the Welk Resorts portfolio and how it has remained strong despite the recent challenges in the U.S. economy. Welk’s president, Johnathan Fredricks has stated that “we are meticulous about touring and selling to buyers with solid credit scores.” Welk Resorts include the Villas on the Green and Lawrence Welk Resort in Escondido, and the Lawrence Welk Desert Oasis in Cathedral City– all in California.



















