Black Bear Capital Partners (“BBCP”) is Pleased to Announce The Funding of a $19,250,000 Loan For The Refinance of a 127-key Hotel Located in Middletown, RI 02842

The asset involved in this transaction is a 127-key hotel located at 425 East Main Road in Middletown, RI. The transaction pertains to a refinance loan amounting to $19,250,000 and features a 5-year term on a 30-year amortization schedule with 1-year interest only, structured at a 70% loan-to-value ratio.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $19,250,000
• Loan Type: Refinance
• Address: 425 East Main Road, Middletown, RI
• Capital Market Advisors: Eric Trombly & Suraj Desai - Black Bear Capital Partners
• Landlord: Graham & Gregory Jones

The financing was facilitated by Black Bear Capital Partners, represented by Eric Trombly and Suraj Desai, who played a key role in securing the loan for the hotel refinance. Their involvement underscores the support provided by their firm in capital market advisory services for this transaction.