Hotels Holdings owns each Fund I hotel through a bankruptcy-remote, single-purpose entity. Clean lender-ready structure, arm’s-length intercompany agreements, brand-compliant franchise relationships.
Hotels Holdings is a pure holding company. It does not manage hotel operations (that is Allencrest Hospitality Operations) and it does not hold investor capital (that is Fund I). Its single function is to serve as the legal parent of the hotel SPEs and the borrower-related entity on certain portfolio-level facilities.
This separation is important for lenders. CMBS, SBA 504, and conventional hotel lenders all require SPE bankruptcy-remoteness, separateness covenants, and clean guarantor structures. Hotels Holdings is designed to meet those requirements out of the box.
Each hotel acquisition sits in its own property-level LLC. Hotels Holdings owns those LLCs. Fund I owns Hotels Holdings.
Delaware limited partnership. Holds LP equity. 506(c) regulated. Owns Hotels Holdings 100%.
Georgia LLC. Holds equity of each property SPE. Single point of administrative control.
Georgia LLCs (one per hotel). Holds the real estate, franchise agreement, hotel operating license, and hotel-level debt.
Hotels Holdings and each Property SPE are structured to meet the separateness, single-purpose, and bankruptcy-remoteness covenants required by CMBS, SBA 504, conventional hotel lenders, and bridge financing counterparties. No commingled operating accounts. No cross-collateralization without explicit LP consent. No non-SPE guarantors.
Each SPE owns exactly one hotel asset. No side businesses, no unrelated operations, no shared accounts.
Independent bookkeeping, contracts in the SPE’s name, no intermingling of assets with Fund or affiliates.
Voluntary bankruptcy requires independent manager consent, consistent with institutional lender form covenants.
Important. Hotels Holdings does not offer securities. LP interests in the parent Fund are offered exclusively through the Fund’s Private Placement Memorandum and Limited Partnership Agreement, and only to verified accredited investors under Regulation D Rule 506(c).