TUCAIRRI Property, L.P.
E2M Value Added Fund has invested in TUCAIRRI Property, L.P., an entity formed to acquire a 5acre tract of land in Tucson, Arizona, one mile north of Tucson International Airport. The partnership will develop a 3story, 124room Residence Inn by Marriott branded hotel on the Property. After completion of construction, the partnership will operate the hotel in accordance with a franchise license agreement with Marriott International, Inc. The partnership intends to sell the hotel at the most opportune time. This property is part of a multiproperty investment in the E2M portfolio. Tucsons job growth has accelerated to a fiveyear high and is currently running at more than double the U.S. pace. E2M believes that the economic growth in Tucson, when coupled with a supplyconstrained hotel market, creates a strong investment opportunity.
