Shaner Growth Fund II, LLC

Shaner is experienced in real estate transactions and has worked through a variety of business cycles over the last 30 years and believes this market is an opportunity to acquire hotel loans. Shaner has been working with a variety of lenders including local, regional and national institutions in itʼs acquisition of hotel debt.

Shaner Growth Fund II, LLC the REIT was created to target the acquisition and to capitalize on economic conditions in todayʼs commercial real estate market. Itʼs expected that the REIT will purchase up to $200 million in hotel loans. The typical holding period for projects in the REIT is 5 to 7 years.

The Shaner Growth Fund will invest in high quality notes and mortgages on upscale properties with strong cash flow coverages located in strong economic markets.

Target Fund Size: $200 million

Target Property Type: Select service and upscale hotels

"Our knowledge of the hotel industry has put us in the right place to fully evaluate and acquire hotel loans that meet our underwriting criteria. Our goal is to leverage these economic conditions by purchasing notes at levels that will yield strong returns for our investors."

Lance Shaner,
Chairman and CEO
Shaner Hotel Holdings, LP

June 2010: The Shaner Hotel Group was featured in an article in Lodging Magazine about the NYU Conference: "Tempered Optimism at NYU Conference"; Officials of Shaner Hotel Group (SHG) today announced plans to acquire between $300 million and $500 million in hotel assets over the near term, possibly as soon as by year-end.

October 2009: Shaner Hotel Group affiliates successfully purchases $154,400,000 of mortgages secured by Hospitality Properties

September 2009: Shaner and Five Arrows Realty Securities V, L.P. from mortgage REIT for acquisition of hotel debt

With a collective expertise in operations, finance and transactions, The Shaner Growth Fund II, LLC management team focuses on value enhancement. The fund was founded in 2009 as a strategic partnership between Pennsylvania-based Shaner Hotel Holdings and New York-based Five Arrows Investment V, a sponsor of several investment funds representing institutional investors in the real estate business.

Shaner Growth Fund LLC

1965 Waddle Road, State College, PA 16803

Contact: Plato Ghinos
Phone: 814-234-4460
Email: info@shanergrowthfund.com