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Olmsted

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Olmsted

Re: Enterprising Investor post# 121

Wednesday, 06/04/2014 8:56:48 AM

Wednesday, June 04, 2014 8:56:48 AM

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The seller financing this refers to is Goldman providing a short-term loan to ARC Hospitality. It is my understanding that subsequent to closing ARC Hospitality will seek to raise preferred equity from its current investors to clear this financing.
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