WELCOME
INVESTOR NAME:
Jessie Himmelstern
CONTACT PERSON:
Jessie Himmelstern
ADDRESS:
1762 Presidential Way
Miami, FL 33179
PROJECT
EVEN® Hotel Alpharetta - Avalon Area
Alpharetta, Georgia
FILES AVAILABLE FOR DOWNLOAD
Offering Documents (.PDF)
Accounting Documents (.PDF)
Project/Asset Reports (.PDF)
CONSTRUCTION ADVANCES
Payment schedule is provided for reference only. Please refer to Promissory Note Loan Agreement or Subscription Documents on a case by case basis for complete terms and conditions
Construction Loan
14,600,000
Preferred Equity
200,000
Common Equity
3,250,000
Portafolio Loans 4,065,000
IHG Preferred Equity Contribution 2,600,000
Key Money
1,000,000
Total Development Cost 25,689,436
Capital Stack : $25,715,000
The Capital Stack may be higher than total development cost due to additional funds needed to fund initial debt service upon opening the hotel
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