Banyan Investment Group Holds Initial Closing of Banyan Lodging Enhanced Value Fund, LLC (BLEV, or “Believe”)

ATLANTA–(BUSINESS WIRE)–Banyan Investment Group (BIG), an Inc. 5000-recognized, vertically integrated hotel investment company that acquires select-service hotels in the United States, today announced the $20 million first closing of Banyan Lodging Enhanced Value Fund, LLC, a fund vehicle that offers investors an opportunity to purchase hotels that have been impacted by the on-going COVID-19 crisis. Soft circles from prospective investors suggest that BLEV will reach its $35 million hard cap