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HISTORY
OF THE FOUNDING OF PROSPECT VALLEY HOSPITALITY
In
August of 2001 founder Kimary Marchese put in an offer on a charming
1872 property that included several structures with an old west ambiance.
The contract was ratified and the financing prequalification confirmed.
Unfortunately September 11th was just around the corner—and
that fateful day caused the original funding source to back out. The
contract expired and Kimary had run out of financing options. Just
when it looked like she would loose the property a friend connected
her with a man from his Kiwanis Club. This man offered to fund the
property for one year. At the end she needed to have the entire
“complex” renovated adequately to attract a traditional
funding source or loose the property…along with the years worth
of sweat equity and all the money put into the improvements.
For
decades Kimary Marchese had desired to buy a property that could host
visiting missionaries. The discovery of this property – which
seemed to possess every quality on her “needs-list” made
her feel like this was the property and now was the time to see that
prayer become a reality.
However,
the prospect of having to do such extensive renovations in less than
one year made the only financing option left seem like an extraordinary risk.
Kimary called a meeting of friends—about 40 people came to pray
over the property. The encouragement of that time of prayer helped
her decide to take the risk. She knew that what was originally suppose
to be a 30 year project was now, out of necessity, becoming a 10 month
project! She also knew it could not be done alone---but let’s
not jump too far ahead in the story just yet.
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