•18 hotels in Northeast/mid-Atlantic corridor

•2187 Rooms

•Hilton & Marriott select-service and extended-stay brands

•$395M Purchase Price($180,613/key)

•$12.4mm PIPs ($6k/key)

•7.9% post-PIP cap rate ($186,270/key total)

Hilton Garden Inn Milford, CT

Homewood Suites Egg Harbor Township, NJ

Hampton Inn & Suites BWI Arundel Mills Hanover, MD

•782 Rooms

•Three Hilton Branded suite hotels

•$116.5M Purchase Price($149,000/key)

•$123.25M Total Investment($157,600/key)

•8.0% Post-PIP Cap Rate

Embassy Suites Cincinnati Rivercenter, KY

Embassy Suites Cleveland Rockside, OH

Embassy Suites Columbus, Dublin,OH

•529 Rooms

•$57.6M Purchase Price

•$62.8M Total Investment($108,800/key)

•9.0% Post-PIP Cap Rate

Embassy Suites Phoenix-Tempe, AZ

Embassy Suites DFW South, TX

•6 West Coast/Central Florida hotels

•559 rooms

•Marriott & IHG select-service and extended stay brands

•$61M Purchase Price($109,123/key)

•$72.3M Total Investment($129,300/key)

Holiday Inn Express Fort Myers The Forum

Farfield Inn & Suites Orlando Ocoee,FL

Courtyard Tampa I-75 North Fletcher

•4 hotels with 374 total rooms

•All Marriott extended-stay & select-service brands

•All properties less than 8 years of age

•$47M Purchase Price ($125,600/key)

•$49.8M Total Investment ($133,100/key)

•9.2% post-PIP cap rate

Residence Inn Chattanooga near Hamilton Place

Fairfield Inn & Suites Jacksonville West-Chaffee

TownePlace Suites Chattanooga near Hamilton Place