Colebrook Financial Closes $5 Million Loan with Myrmex Vacation Club to Support Growth in Mexico

Colebrook Financial, a premier lender serving the timeshare and travel club industries, is proud to announce the closing of a $5 million hypothecation loan with Myrmex Vacation Residential Club, operator of the 74-unit Los Cabos Golf Resort in Cabo San Lucas, part of the Trademark Collection by Wyndham.

This strategic financing supports Myrmex’s continued growth and reflects Colebrook’s commitment to expanding its footprint in Mexico, a market with strong potential and limited access to specialized timeshare financing.

“Los Cabos Golf Resort is a beautiful, newly built facility with quality and service that clearly resonates in its pricing,” said Bill Ryczek, Principal at Colebrook Financial. “Jose and his team have exciting growth prospects, and we’re thrilled to support them as they scale. Mexico remains an under-served market for timeshare lending, but we see great opportunity. While we’ll continue to be selective, our track record gives us confidence to build further in the region.”

“The hypothecation loan process was new to us,” said Myrmex President and CEO Jose Gomez Lozado, “and Colebrook was great about explaining everything and always being there when we had questions.”

Founded in 2003, Colebrook Financial has been a trusted financing partner in the timeshare industry for over two decades and began its lending activity in Mexico in 2005. Headquartered in Middletown, Connecticut, Colebrook offers tailored financial solutions ranging from $100,000 to over $30 million, supporting developers across North America.

ResortTrades

Recent Posts

The Growing Case for Outsourced Accounting in Vacation Ownership Resorts

Running a vacation ownership resort involves far more than managing reservations and maintaining the property.…

3 hours ago

Marriott Vacations Worldwide Appoints New Chief Strategy & Transformation Officer

Marriott Vacations Worldwide Corporation has appointed Vladimir Anokhin as Chief Strategy & Transformation Officer and a member of…

1 day ago

New Study: Gen Z Travelers Are Driving Timeshare Industry Growth

A new nationwide study from ARDA, the trade association for the vacation ownership and timeshare industries, reveals…

1 week ago

Financial Clarity Through Reserve Planning

In resort and vacation ownership communities, money is never just about numbers on a balance…

1 week ago

GNEX Conference Returns to Las Vegas in 2027 at Iconic Encore Resort

Perspective Group today announced that registration is officially open for the GNEX 2027 Conference, which…

1 week ago

From the Experts

As we prepared our July 2026 Resort Trades edition, “The Money Issue,” we were inspired…

2 weeks ago