Project Finance

Hotel Owners & Sponsors · Preferred Capital · Preliminary Intake

Walden Ridge provides preferred capital to hotel owners for acquisitions, PIPs, and recapitalizations. Start with the worksheet below: tell us about the property, describe the capital you are requesting, and see a working estimate of what would be repaid to investors over the term.

Worksheet Only This worksheet is a preliminary questionnaire for hotel owners and sponsors exploring preferred capital. It is not an application for credit, an approval, or a commitment to fund. Estimates it produces are illustrative; any actual terms would be set in definitive documents.

Preliminary Due Diligence

The property and sponsor basics we review first.

The Property

Hotel / property name * Street address

City State ZIP

Brand / flag Property type Guest rooms / keys Year built Year last renovated / PIP (optional) Franchise agreement expiration (optional) Ownership interest (optional) Ground lease expiration (if leasehold) Brand PIP required? (optional) Estimated PIP / renovation cost (optional) $

The Sponsor

Sponsor / ownership entity Primary contact name Title Contact email * Phone Sponsor experience: hotels owned or operated (optional) Combined net worth (optional) $ Combined liquidity (optional) $ Guaranty expectation (optional) Bankruptcy, foreclosure, or material litigation in the last 10 years? (optional) If yes, briefly explain (optional)

Trailing-12-Month Performance

Occupancy % ADR $ RevPAR $ Gross revenue $ Net operating income $

Existing Capital & Value

Existing senior loan balance $ Senior lender Senior interest rate % Senior loan maturity Annual senior debt service (optional) $ Senior structure (optional) Senior DSCR (auto, NOI ÷ debt service) × Does the senior loan permit subordinate capital? (optional) Most recent appraised / estimated value $ Valuation date Purchase price (if acquisition) $

Allocation & Request

How the capital fits the stack, and the terms you are requesting.

The Request

Purpose of preferred capital Preferred capital requested * $ Requested funding date

Capital Stack

Total project capitalization $ Senior debt (new or existing) $ Common / sponsor equity $ As-is value $ As-stabilized value $ Loan-to-cost (auto) % Combined LTV incl. preferred (auto, on as-is) % Existing subordinate capital ahead of this request (optional) $ Describe any existing mezz / preferred (optional)

Loan-to-cost = senior debt ÷ total capitalization. Combined LTV = (senior debt + preferred) ÷ as-is value.

Terms Requested

Preferred return rate (annual) % Term yrs Distribution preference

Plan & Exit

Use of proceeds Business plan summary Repayment / exit strategy Projected stabilized NOI $ Projected exit value $ Exit cap rate (optional) %

Estimated Repayment

A working estimate of what investors would receive over the term.

Repayment calculator

Preferred capital $ Current-pay rate (annual) % Accrued rate (annual) % Term yrs Distribution frequency Minimum return multiple (optional) ×

Current pay is distributed in cash each period; accrued compounds and is paid at exit. The two rates add up to your total preferred return. The 8% / 4% shown are examples to start from, not a quote; adjust them to the terms you are exploring.

Combined preferred return: 12.00% / year Compound the accrued preferred

Estimated total repaid to investors

Return of capital plus preferred return over the term.

Return of capital Current-pay distributions Accrued preferred

Return of preferred capital

Current-pay distributions

Accrued preferred paid at exit

Total return to investors profit above capital

Equity multiple gross MOIC

0.00×

Estimated total repayment

Year	Current pay	Accrued added	Accrued balance	Cash to investors

Estimates are illustrative and generated from the figures you enter. They are not an offer, quote, approval, or commitment to fund, and actual terms would be set in definitive documents. Compounding, timing, fees, and any minimum-return provisions in a final agreement may change these amounts.

Document Checklist

Check off what is ready to share. Nothing needs to be attached here; this just tells us what exists.

0 of 0 documents marked available

Property & Operations

Financial Statements

Debt & Capital Stack

Third-Party Reports

Sponsor & Entity

Send to Walden Ridge

This opens your email addressed to workwithus@waldenridgeco.com with every answer and your repayment estimate laid out in the message body. Review it, then send. Nothing here is submitted for approval.

Required to send: hotel name, contact email, and the preferred capital amount. Everything else helps us respond faster.

Walden Ridge reviews worksheet submissions for preliminary fit only. Submitting this worksheet does not create any credit facility, investment, obligation, or advisory relationship, and nothing on this page is an offer to buy or sell any security. Your information is used solely to evaluate and respond to your inquiry and is not shared with third parties.