The Aurora market is a unique market from a hotel standpoint, given the lack of supply but upcoming demand in the local area. Our client had some experience in the hotel space but we were able to formalize a definitive financial plan by optimizing the capital structure between senior debt, mezzanine and pref. equity for the client. As a result, the client was able to maximize their IRR over the enxt 3 years and appreciated our advice and feasibility studies on the subject site.