Item 8.01. Other Events.
On August 3, 2009, Lodgian, Inc. (the "Company") announced that it had obtained
a further extension (effective July 31, 2009) of the maturity date for
$45.7 million of its mortgage indebtedness to October 1, 2009. This
indebtedness, which was originated in June 2004 by Merrill Lynch and securitized
in the collateralized mortgage-backed securities market, is referred to by the
Company as the Merrill Lynch Fixed Rate Pool #3. The Company previously reached
an agreement with the special servicer of this mortgage indebtedness to provide
for an extension of the maturity date of Pool #3 from the original maturity date
of July 1, 2009 to August 1, 2009.
A copy of the press release announcing this extension is attached hereto as
Exhibit 99.1 and is incorporated herein by reference in its entirety.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release dated August 3, 2009.
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