Acquisition of a 408-key, upper-upscale, full-service hotel located in the downtown core of Columbus, Ohio.

Customized loan structure to allow a flexible financing solution to complete the comprehensive PIP over a 3-year period, which will include a full property renovation to modernize the asset and enhance its competitive positioning.

Sponsor is an experienced hospitality group that is operated by an institutional third-party management platform, supporting disciplined execution and long-term value creation.