Once the comprehensive business plan has been approved by the developer, Star Resorts’ relationship transitions to a transactional one where the project’s requisite financing and human capital are secured. The range of transactions may involve securing additional resources, equity, investors, joint venture partners or simply lining up project financing for development loans and/or consumer receivables financing.
Key, project personnel are necessary to implement the business plan. Star assigns one or more of its principals during the planning phases and then hires, with the developer’s approval, the needed team members. All lenders require experienced project level personnel and Star has access to these pros.