The asset involved in this transaction is a development site located at Tapestry Collection by Hilton in Canton, OH. The site is designated for a 183-key hotel that will feature an indoor water park, addressing the limited local hotel supply and catering to the strong tourism and sports traffic from the Pro Football Hall of Fame and year-round youth events.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $70,000,000
• Address: Tapestry Collection by Hilton
• Market: Canton, OH
• Lender: Jared Schlosser - Peachtree Group
• Landlord: Michael Crawford - Hall of Fame Resort & Entertainment Company

The financing arrangement was secured to support the construction of the hotel and its accompanying amenities, highlighting the collaboration between the landlord and the lender in facilitating this project within the Hall of Fame Village campus.