• Loan Type: Senior Secured Loan
• Purpose: Completion of hotel construction and operational expenditure#
• Term: Flexible term to accommodate the hotel’s stabilisation and potential sale
• Special Feature: Built-in contingency and LDI policy underwriting costs

Background:
The project faced a series of challenges, notably caused by the COVID-19 pandemic.

The Challenge:
Stranded with an over-encumbered loan and facing an urgent need for additional capital, the project reached a critical juncture. The completion of the remaining hotel rooms and amenities was essential for progress.

Maslow Capital’s Solution:
Leveraging our extensive hospitality and credit experience, our team developed a deep understanding of the asset’s needs and the project’s unique requirements. Maslow led the restructuring of the loan to address these needs, with a business plan focused on completing construction and covering essential operational expenses. Maslow’s support provided the opportunity to restructure the project, enabling the completion of the remaining hotel rooms and securing operational stabilisation.