Receivership sale for the 379-key Doubletree by Hilton Downtown Cleveland Lakeside Fee Simple interest is offered unencumbered of debt and management Property will trade at a steep discount to the total loan exposure of ~$37MM Property is available for relicense under the existing Hilton flag or potentially available unencumbered for alternative branding or alternative use Substantial operational upside in completing the PIP and transitioning the asset out of receiver control