The property involved in this transaction is a 123-room Home2 Suites by Hilton located at 582 New Technology Boulevard in Lake Mary, Florida. This asset falls under the hotel category and has secured a loan amounting to $16,000,000. The financing structure consists of a bridge loan with a three-year initial term, which offers two one-year extension options.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $16,000,000
• Address: 582 New Technology Boulevard
• Market: Lake Mary
• Asset Type: Hotel
• Keys: 123
• Lender: Tom Lorenzini - Seven Hills Realty Trust
• Landlord: Highgate
• Loan Type: Bridge
• Loan Terms: three-year initial term with two one-year extension options

Key individuals in this transaction include Tom Lorenzini representing Seven Hills Realty Trust, which has provided the loan for this hotel asset, and Highgate serving as the landlord. This financing aims to assist in diversifying Seven Hills Realty Trust's portfolio with the inclusion of this hotel property.