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

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FINANCED
$104,500,000
Dustin Stolly
Keith Kurland
+ 9

Georgia

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Hotel
Financed 03/30/2026
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FINANCED

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

East Bryan Street

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Hotel
Financed 03/30/2026
Dustin Stolly
Keith Kurland
+ 9
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Summary

GEORGIA
Asset Type:Hotel
Transaction Type: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:

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.

Players

Aaron Appel
190 deals$31.9B volume
BROKER

Ari Hirt
Walker & Dunlop
28 deals$3.1B volume(301) 215-5500
BROKER

Dustin Stolly
Walker & Dunlop
264 deals$49.1B volume
BROKER

Jonathan Schwartz
Walker & Dunlop
165 deals$26.9B volume
BROKER

Keith Kurland
Walker & Dunlop
170 deals$29.1B volume
BROKER

Adam Schwartz
Walker & Dunlop
160 deals$25.4B volume(646) 491-8869
BROKER

Sean Reimer
Walker & Dunlop
46 deals$9.4B volume(646) 221-6437
BROKER

Carter Gradwell
Walker & Dunlop
3 deals$298.3M volume(804) 363-3922
BROKER

Jonathan (Jay) Morrow
Walker & Dunlop
4 deals$643.5M volume
BROKER

Jason Schwartzberg
Walker & Dunlop
5 deals$711.3M volume
BROKER


1 deal$104.5M volume
LENDER

TMGOC Ventures
LANDLORD

Details

FINANCED
IMAGE: Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sunju Patel, Glenn Alba, Ben Borin, Francis Lively, Sean Reimer, Ari Hirt, Jason Schwartzberg, Jonathan Morrow & Carter Gradwell DATE: 3/31/2026 ADDRESS: 2 & 14 East Bryan Street - Ritz-Carlton Savannah MARKET: Savannah, GA ASSET TYPE: Hotel ~ KEYS: 168 LENDER: Francis Lively & Ben Borin - The LCP Group LANDLORD: Glenn Alba & Sunju Patel - TMGOC Ventures BROKERS: Aaron Appel, Keith Kurland (@KaKurland), Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88), Sean Reimer, Dustin Stolly, Ari Hirt, Jason Schwartzberg (@JrSchwartzberg), Jonathan Morrow & Carter Gradwell (@Gradwell) - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $104,500,000 LOAN TYPE: Construction

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$104,500,000.00

Monthly NOI$696,666.67
Monthly Debt Service$660,511.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00