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| Colebrook Financial and Festiva Enhance Long-Term Lending Relationship | |  “We
very much appreciate working with Colebrook and having the opportunity
to lock in our margins with fixed rate financing,” says Festiva’s President
Herbert (Butch) Patrick. “Colebrook’s rate for this loan is very competitive,
and their management team is extraordinarily flexible and patient. For
example, I think of how they bent over backwards to assist us in financing
a recent acquisition; even to the point of one of them, Tom Petrisko, flying
halfway across the country to retrieve the collateral and resolve a logistical
problem.”
“We find working with Festiva and their management to be very rewarding,” says Colebrook Principal Bill Ryczek. “They’re a dynamic organization and it’s sometimes a challenge to keep up with them, but it’s never dull. Watching them grow from their modest beginnings to what they are today has been fascinating, and I’ve learned a tremendous amount from Butch over the years.” About
Festiva Development Group, LLC
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