Jonesboro Holiday Inn Express Refinance Out of Bankruptcy
- Loan Type: Recapitalization Financing
- Property: Limited service hotel with 102 rooms.
- Scenario: Trevian's loan allowed the sponsor to exit bankruptcy via a 363 bankruptcy sale that retired two defaulted loans.
- Result: Trevian lends to sponsors who need to exit bankruptcy and/or distance themselves from a bankruptcy so they can secure conventional financing.