Fund I Portfolio
The Wyndham Riverwalk
Description
An existing full-service, 21-story hotel asset located in the heart of downtown San Antonio, Texas, at a significant 85% discount to replacement cost.
The Wyndham San Antonio River Walk Hotel is a 410 key hotel asset federally designated as a Qualified Opportunity Zone. The Sponsor groups have already committed to investing a $10 million co-investment alongside limited partner investors.
Details
Target Equity Multiple: 2.06x
Target IRR: 21%
Deal Type: Value-add
Asset Type: Hotel
Sponsor: Trailbreak Partners
Target Investment Period: 4 years
