
🏢 From Renter to Owner: How One Event Center Made the Leap 🚀
🏢 From Renter to Owner: How One Event Center Made the Leap 🚀
💼 Event Venue Ownership: A Real-Life Success Story & Financing Guide 🏆
đź§ľ From Renter to Owner: An Event Center Success Story
For years, many event center owners have been stuck in the same cycle—paying rent, dealing with landlord restrictions, and watching overhead costs eat into their profits. But what if you could flip the script, build equity, and secure a permanent facility for your business?
This is exactly what one local event center owner did—and their journey from renter to owner shows how strategic financing can turn a dream into a reality.
The Challenge
Running a successful event center requires stability. Unfortunately, renting means your lease terms—and future—are in someone else’s hands. Rising rents, building maintenance issues, and the risk of non-renewal make it hard to plan long-term.
The Breakthrough
After years of leasing, this event center owner connected with our mortgage brokerage team to explore owner-occupied commercial real estate financing. By leveraging their business’s strong financials and a SBA 7A loan program, they were able to:
· Secure long term 25 Year quarterly Floating Rate financing
· Construct their existing location on their land parcel
· Reduce monthly payments compared to leasing
· Gain valuable tax benefits through property ownership
Why Owning Beats Renting for Event Centers
Owning your venue isn’t just about pride of ownership—it’s a smart financial move.
· Equity Growth: Every mortgage payment builds long-term wealth.
· Predictable Costs: Eliminate unpredictable rent increases.
· Creative Control: No landlord restrictions on renovations or branding.
· Retirement Security: Your property can be sold or leased for passive income later.
Financing Options for Event Centers
Depending on your situation, several loan types may fit:
· SBA 504 Loan – Low down payment financing for commercial real estate.
· SBA 7(a) Loan – Flexible use of funds for property purchase + working capital.
· Conventional Commercial Loan – Competitive rates for strong borrowers.
Final Takeaway
If you’re an event center owner tired of throwing money away on rent, there’s a path to ownership that could strengthen your business for decades. With the right financing strategy, you can make the leap—just like our client did.
📞 Ready to explore your options? Contact us today to see how we can help you own your venue and build your business’s future.
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© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory