4-15-16

C Back Cover — April 15 - 28, 2016 — Pennsylvania — M id A tlantic

Real Estate Journal

www.marejournal.com

Sourced: $2,500,000 Joint Venture Equity Investment

Courtyard by Marriott: Hershey PA, 120-Room Hotel

“The client had very limited hotel development and operational experience so the importance of the equity sourced is not only found in the joint venture aspect of the transaction but also in Llenrock Group’s ability to connect the sponsor to an equity source that could provide them with valuable hotel management and development expertise as well.”

Andrew Benioff Founder & Managing Partner

Llenrock Group is an independent real estate advisory and investment-banking firm in Philadelphia. As a leading capital markets firm, Llenrock provides real estate debt, equity, joint venture partnerships and advisory services for projects from $5 million to $100 million nationwide. For more information about Llenrock Group visit: www.llenrock.com

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