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Location: Atlanta, GA

Loan Amount: $6,700,000

Interest Rate: 5.25%

Term/Amortization: 10/30

Loan to Value: 70%

Purpose: The 10yr, non-recourse financing provided by Arriba was sized up to a 10% debt yield.  The new loan allowed the borrower to pull cash-out on all properties up to 70% LTV.  Cash-out proceeds will be used by the borrower to acquire more hotels to expand its real estate holdings and management business throughout the U.S.