Nader, Hayaux & Goebel and Kuri Breña, Sánchez Ugarte y Aznar advised on the deal
Grupo Estancias Extendidas, S.A. de C.V. secured a $30.7 Million Syndicated loan with
Scotiabank Inverlat, SA.
Extended Suites was founded in 2009 by a Mexican investment group after identifying significant potential in an underpenetrated market segment with limited lodging choices for the business traveler seeking extended stay alternatives. Extended Suites has developed a unique low-cost concept that is easily replicable in many markets. The Company currently operates three hotels in Monterrey, Coatzacoalcos and Ciudad del Carmen.
Nader, Hayaux & Goebel, advised Grupo Estancias Extendidas with Eduardo Villanueva Ortiz. Abogada Ana Kuri Noriega.
Kuri Breña, Sánchez Ugarte y Aznar, advised Scotiabank Inverlat, S.A., with Alejandro Sobarzo (Picture) and Héctor González.
Involved fees earner: Alejandro Sobarzo Hadad – Kuri Breña Sánchez Ugarte y Aznar; Héctor González Martinez – Kuri Breña Sánchez Ugarte y Aznar; Eduardo Villanueva Ortíz – Nader, Hayaux & Goebel; Ana Kuri Noriega – Nader, Hayaux & Goebel;