Access Point makes investment in 38-hotel portfolio and value-add conversion initiative

New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and deploying technology-driven efficiencies intended to improve margins within 90 days.

The transaction is backed by total capitalization of $375 million, including $286 million in senior debt provided by Citi and a subordinate mezzanine investment from Access Point. Access Point underwrote, documented, and funded its investment on an accelerated timeline, demonstrating the firm’s ability to move quickly and deliver certainty of execution in complex transactions.

The portfolio repositioning plan centers on rebranding the acquired properties to Studio 6, alongside the deployment of operational technologies designed to reduce expenses and enhance property-level performance. The initiative is expected to deliver margin expansion shortly after implementation.

“This transaction reflects what’s possible when there is strong alignment and a shared focus on execution,” said Dana Tsakanikas, chief investment officer at Access Point. “The Sunday Proptech team were exceptional partners throughout the process — collaborative, thoughtful, and solutions-oriented at every step. We pride ourselves on bringing both rigor and creativity to our investments, and we’re excited about what this platform can become as we continue building on this partnership.”

The extended-stay chain Studio 6 is owned by G6 Hospitality, one of the largest American value lodging players, and is chaired by Ritesh Agarwal, the 30-year-old billionaire entrepreneur widely recognized as the “Mark Cuban of Shark Tank India.” Agarwal brings sexperience in scaling hospitality platforms and leveraging technology to drive operational efficiency.

“This investment reflects our continued focus on identifying high-quality sponsors and business plans we believe in, such as this one which combines operational improvements and technology to unlock significant value,” said Michelle O’Brien, managing director, structured finance at Access Point. “We are excited to support the buyer Sunday Proptech as they implement a strategy that combines brand repositioning with disciplined execution to drive strong performance.”

Sonal Sinha, CEO of G6 Hospitality, the owner of Studio 6, said, “This large portfolio addition to Studio 6 demonstrates the strong prospects of the extended-stay and economy hospitality segment in the U.S. By combining disciplined operations, brand repositioning to Studio 6, and technology-led efficiencies, we believe we can help the ownership and investors unlock significant value across the portfolio in a short period of time.”

The sponsor, which acquired the G6 platform from Blackstone in September 2024, brings experience in the extended-stay and economy lodging sectors. The alignment between sponsor expertise and Access Point’s capital support is expected to accelerate execution of the business plan across the portfolio.

Through this investment, Access Point continues to expand its presence in hospitality and real estate credit, targeting opportunities where strategic capital and operational enhancements can drive outsized returns.