WELCOME

INVESTOR NAME:

SPA Group Holdings 1 LLC

CONTACT PERSON:

Philip Solomon

ADDRESS:

501 hibiscus Dr
Hallandle Beach Fl 33009

PROJECT

EVEN® Hotel Alpharetta - Avalon Area

Alpharetta, Georgia

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100%

FILES AVAILABLE FOR DOWNLOAD

Offering Documents (.PDF)

Accounting Documents (.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

Portfolio Loans 4,065,000

IHG Preferred Equity

Contribution 2,600,000

Capital Stack : $25,715,000

Key Money 1,000,000

The Capital Stack may be higher than total development cost due to additional funds needed to fund initial debt service upon opening the hotel

Total Development Cost 25,689,436

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Epelboim Development Group © 2018
All Rights Reserved
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