washington

Supertel, Inc.

$8,300,000

Alexandria, VA


  • Loan Type: Recapitalization financing
  • Property: Two adjacent hotels – 150-room Comfort Inn & 200-room Days Inn
  • Scenario: The proceeds from the first mortgage loan were used in order to recapitalize the properties and to cover a one-time shortfall in operating capital at the corporate entity level, which resulted from a failed organizational change.
  • Result: Trevian Capital closed the loan in three weeks.