jonesboro

Jonesboro Holiday Inn Express Refinance Out of Bankruptcy

$3,100,000

Jonesboro, AR

  • 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.