EOS Hospitality Credit Partners, the hotel credit division of EOS Investors LLC, has announced a $105 million mortgage loan, approximately €91 million, to T2 Hospitality. The financing is secured by the TETRA / AC Moffett Park Campus, a recently built 350-key hotel complex in Sunnyvale, California, combining two Marriott International brands.
The campus comprises the 186-key Hotel TETRA, Autograph Collection, and the AC Hotel Sunnyvale Moffett Park, which has 164 keys. This transaction represents the second loan closing for EOS Hospitality Credit Partners since the launch of its hotel credit strategy.
A three-year financing structure
The loan carries an initial three-year term, complemented by two one-year extension options. The proceeds will be used to refinance existing debt secured against the campus. This structure reflects a now-common practice in the hotel refinancing market, where private lenders favour short maturities paired with extension options to adapt to shifting capital markets.
The campus is located in the Moffett Park submarket, at the heart of Silicon Valley. According to EOS Hospitality Credit Partners, this hotel market is experiencing a sustained recovery, driven by AI-related investment, broader growth in the technology sector, and limited new hotel supply.
T2 Hospitality and Coury Hospitality, project partners
T2 Hospitality, a hotel owner and developer based in Newport Beach, California, designed and delivered the campus, which opened in 2022. Hotel TETRA received Marriott’s Opening of the Year award for the Autograph Collection brand on that occasion. Both properties are operated by Coury Hospitality.
“This financing brings together an experienced and capable sponsor, strong property-level management, a differentiated, high-quality real estate asset, and a market with favourable supply and demand characteristics,” said Christopher Jordan, co-founder and managing director of EOS Hospitality Credit Partners. “We are pleased to partner with T2 Hospitality and Coury Hospitality, and we look forward to building a lasting lending relationship with this team.”
A second milestone for EOS’s credit strategy
This transaction confirms the growing momentum of EOS Investors’ hotel credit strategy, launched under the leadership of Christopher Jordan, a former senior Wells Fargo executive with more than thirty years at the bank, including heading its specialised hotel and real estate financing unit. EOS Hospitality Credit Partners positions itself as a relationship lender, drawing on EOS Investors’ operational expertise as a hotel owner and operator to sharpen its risk analysis on financed assets.
About EOS Investors
EOS Investors LLC, based in New York, is a real estate investment firm specialising in hospitality, hotel credit and residential property. EOS Hospitality Credit Partners is its credit division dedicated to the hotel sector. More information at www.eosinvestors.com.
At a Glance
EOS Hospitality Credit Partners closes $105M loan for Marriott campus in Sunnyvale
Loan amount: $105 million (approx. €91 million), secured by a 350-key dual-branded Marriott campus
Assets: Hotel TETRA, Autograph Collection (186 keys) and AC Hotel Sunnyvale Moffett Park (164 keys)
Structure: 3-year initial term, two 1-year extension options
Purpose: refinancing of existing debt
Borrower: T2 Hospitality; operator: Coury Hospitality
Milestone: second loan closing for EOS Hospitality Credit Partners since launch
