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Location: Ringgold, GA

Loan Amount: $7,000,000

Interest Rate: 5.25%

Term/Amortization: 10/30

Loan to Value: 70%

Purpose: The property is 78-rooms and was built in 2008 and benefits from good visibility along Interstate 75, where over 50,000 vehicles pass by the property on a daily basis. Nearby demand generators such as Fort Olgelthorpe and carpet mills has made the Hampton Inn an attractive asset from the time it was built. This is the 6th transaction Arriba has done with the borrower.