Glenn Alba And Sunju Patel Of TMGOC Ventures Landlord For $104.5 Million Ritz-Carlton Savannah Loan

The property asset involved in this transaction is a hotel located at 2 & 14 East Bryan Street, Ritz-Carlton Savannah in Savannah, GA. The asset features a total of 168 keys and is subject to a construction loan amounting to $104,500,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $104,500,000
• Market: Savannah, GA
• Lender: Francis Lively & Ben Borin - The LCP Group
• Landlord: Glenn Alba & Sunju Patel - TMGOC Ventures
• Brooks: Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Dustin Stolly, Ari Hirt, Jason Schwartzberg, Jonathan Morrow & Carter Gradwell - Walker & Dunlop
• Loan Type: Construction

This transaction involves key individuals from various firms, including Francis Lively and Ben Borin representing The LCP Group as the lender. Glenn Alba and Sunju Patel represent the landlord under TMGOC Ventures. A team of brokers from Walker & Dunlop facilitated the deal, which comprises Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Dustin Stolly, Ari Hirt, Jason Schwartzberg, Jonathan Morrow, and Carter Gradwell.