You are on page 1of 2

Trinity Street Capital Partners Announces the Origination of a High Leverage,

Non-Recourse, Hotel Loan and Preferred Equity Investment

Trinity Street Capital Partners (TSCP), a full service real estate investment bank, announces the
origination of a $37MM first mortgage and $9MM of preferred equity on a portfolio of limited
service hotels in Dallas, TX.

New York, NY, September 12, 2017 --(PR.com)-- Trinity Street Capital Partners (TSCP)
(www.trinitystreetcp.com), a full service real estate investment bank, announces the origination of a
$37MM first mortgage and a $9MM preferred equity investment, which supplemented the reorganization
of the partnership. The limited service hotels were flagged with several IHG (Intercontinental Hotels
Group) brands and well located in the Dallas/ Fort Worth MSA.

InterContinental Hotels Group PLC, informally InterContinental Hotels or IHG, is a British multinational
hospitality company headquartered in Denham, UK. IHG has over 766,000 rooms and 5,174 hotels across
nearly 100 countries. Its brands include Candlewood Suites, Crowne Plaza, EVEN Hotels, Holiday Inn,
Holiday Inn Express, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels and Resorts and
Staybridge Suites. Of the 5174 hotels, 4321 operate under franchise agreements, 845 are managed by the
company but separately owned, and 8 are directly owned.

According to a spokesperson for Trinity Street Capital Partners, The availability of non-recourse,
hospitality financing continues to dry up across the United States, as massive new hotel construction over
the last few years, now comes online." Trinity Street is currently evaluating several hundred million of
senior, mezz and preferred equity requests on Hilton, Marriott and IHG limited and full service properties
around the United States and is committed to expanding its hotel finance business.

Trinity Street Capital Partners focuses on non-recourse, high leverage senior & subordinate debt and
preferred equity, with investments starting at $5MM on income producing retail, office, industrial,
multifamily, manufactured housing communities, self-storage and hospitality properties located
throughout the continental United States. (www.trinitystreetcp.com)

The Firm is a leader in commercial mortgages and equity for wide range of real estate transactions.

Trinity Street Capital Partners, is wholly owned subsidiary of Trinity Street Holdings, a financial services
conglomerate. (www.trinitystreetholdings.com)

For more information about Trinity Street Capital Partners and the services it provides, go to
www.trinitystreetcp.com.

Page 1/2
PR.com Press Release Distribution Terms of Use
Contact Information:
Trinity Street Capital Partners
John Dragone
212-671-1044
Contact via Email
www.trinitystreetcp.com
media.relations@trinitystreetcp.com

Online Version of Press Release:


You can read the online version of this press release at: http://www.pr.com/press-release/729489

News Image:

Page 2/2
PR.com Press Release Distribution Terms of Use

You might also like