NHG advised MREIT on a secured financing for the acquisition of a hotel in Puerto Aventuras

NHG advised MREIT, Sociedad Financiera de Objeto Múltiple, Entidad No Regulada, as lender and administrative and collateral agent, on a secured financing to Puerto Aventuras 2020, as borrower, and Panther Hospitality, Inc. and Desarrolladora El Arca, S.A.P.I. de C.V., as joint obligors, for the acquisition of a hotel located in Puerto Aventuras, Quintana Roo.

The loan is secured by a Mexican Security Trust to which the real estate property and profits from sales of the hotel rooms in Mexican territory are transferred, and the profits from sales of the hotel rooms outside Mexican territory are transferred to a Panamanian Security Trust.