Note Sale: Country Inn & Suites | SBA-Associated Loan

Highlights:

• First-Lien Hotel Loan With Judgment Expected: Defaulted note on a limited-service hotel, with the sponsor's home also covered by the judgment.
• 65-Room Upper-Midscale Hotel Collateral: Three-story limited-service Country Inn & Suites by Radisson on roughly 3.03 acres in Fond du Lac.
• Over 100% Historical RevPAR Penetration Index: The hotel has historically outperformed its competitive set on RevPAR, supporting collateral value.
• Interstate 41 Access and Visibility: Located near the I-41 interchange with access to U.S. Highways 51 and 151 across the region.
• Manufacturing and Trucking Demand Base: Nearby manufacturing, distribution, and trucking activity supports commercial lodging demand.
• No New Hotel Supply in the Pipeline: No proposed, planned, or under-construction hotel projects are reported, limiting new competition.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3524/hospitality/fond-du-lac/wi?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=december2_2026&utm_content=hospitality_3524

Berkadia, in partnership with RealINSIGHT Marketplace, is pleased to present a non-performing, SBA-associated loan (the loan is being sold WITHOUT the SBA loan guarantee) secured by the 65-room Country Inn & Suites by Radisson in Fond du Lac, Wisconsin. The collateral is a three-story, upper-midscale, limited-service hotel on approximately 3.03 acres near the Interstate 41 interchange, with visibility and access to U.S. Highways 51 and 151. The hotel has historically posted a RevPAR penetration above 100%, indicating above-market performance relative to its competitive set, supported by its recognized brand affiliation, convenient highway access, and proximity to area employment drivers. The surrounding area features a concentration of manufacturing, distribution, and trucking-related activity, and there are no hotels in the pipeline, including any proposed, planned, or under-construction projects. Property tours will not be available, as this is a note sale transaction.

*Potential buyers are strictly prohibited from contacting the borrower directly or engaging in any discussions with the borrower. All inquiries, communications, and requests for information must be directed exclusively through Berkadia. This is a note sale, not an asset sale; accordingly, property tours will not be offered. Unauthorized contact with the borrower may result in disqualification from the process.

Location
Country Inn & Suites sits at 121 Merwin Way in Fond du Lac, Wisconsin, near the Interstate 41 interchange with strong visibility and access to U.S. Highways 51 and 151. The surrounding commercial and industrial corridor includes a concentration of manufacturing, distribution, and trucking activity, giving the hotel convenient highway access to key area employment drivers.


Bidding Opens
Dec 01 1:00 AM
Bidding Closes
Dec 03 1:00 AM

Documents: