0000891092-12-001062.txt : 20120217 0000891092-12-001062.hdr.sgml : 20120217 20120217172725 ACCESSION NUMBER: 0000891092-12-001062 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20120217 DATE AS OF CHANGE: 20120217 GROUP MEMBERS: AGROINVESTMENT S.A- GROUP MEMBERS: CONSULTORES ASSETS MANAGEMENT S.A. GROUP MEMBERS: CONSULTORES VENTURE CAPITAL LTD GROUP MEMBERS: CONSULTORES VENTURE CAPITAL URUGUARY GROUP MEMBERS: CRESUD GROUP MEMBERS: EFANUR S.A. GROUP MEMBERS: IDALGIR S.A. GROUP MEMBERS: IFIS LTD GROUP MEMBERS: INVERSIONES FINANCIERAS DEL SUR S.A. GROUP MEMBERS: IRSA GROUP MEMBERS: JIWIN S.A. GROUP MEMBERS: REAL ESTATE STRATEGIES LP GROUP MEMBERS: TYRUS S.A. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ELSZTAIN EDUARDO S CENTRAL INDEX KEY: 0001037182 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 108 LER PISO CAPITAL FEDERAL STREET 2: BUENOS AIRES ARGENTINA CITY: SOUTH AMERICA STATE: C1 ZIP: 00000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SUPERTEL HOSPITALITY INC CENTRAL INDEX KEY: 0000929545 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 521889548 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-47793 FILM NUMBER: 12623920 BUSINESS ADDRESS: STREET 1: 309 NORTH FIFTH STREET CITY: NORFOLK STATE: NE ZIP: 68701 BUSINESS PHONE: 4023712520 MAIL ADDRESS: STREET 1: 309 NORTH FIFTH STREET CITY: NORFOLK STATE: NE ZIP: 68701 FORMER COMPANY: FORMER CONFORMED NAME: HUMPHREY HOSPITALITY TRUST INC DATE OF NAME CHANGE: 19940906 SC 13D/A 1 e47431sc13d-a.htm SCHEDULE 13D/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN
STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

Under the Securities Exchange Act of 1934

Amendment No. 1

Supertel Hospitality, Inc (SPPR)

(Name of Issuer)

Common Stock

(Title of Class of Securities)

 

868526104

(CUSIP Number)

Saúl Zang

Juan Manuel Quintana

Carolina Zang

Pablo Vergara del Carril

María de los Ángeles del Prado

Zang, Bergel y Viñes Abogados

Florida 537, 18th Floor (C1005AAK)

Buenos Aires, Argentina

+54(11) 4322-0033

+54 (11) 5166-7000

(Name, Address and Telephone Number of Person

authorized to Receive Notices and Communications)

February 15, 2012

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to who copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
CUSIP No. 868526104SCHEDULE 13DPage 2 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Eduardo S. Elsztain

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Argentina

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

IN

       

 

 

*All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 3 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Agroinvestment S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       

 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 4 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Idalgir S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       

 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 5 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

IFIS Limited

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Bermuda

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 6 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Inversiones Financieras del Sur S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 7 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Cresud Sociedad Anónima Comercial Inmobiliaria
Financiera y Agropecuaria

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Argentina

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34%* (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 8 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Consultores Venture Capital Limited

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series CCumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 9 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Consultores Assets Management S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Argentina

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 10 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Consultores Venture Capital Uruguay S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 11 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

IRSA Inversiones y Representaciones S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Argentina

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 12 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Efanur SA

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

[1] All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 13 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Tyrus S.A.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (subject to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 14 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Jiwin SA

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Republic of Uruguay

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (subject to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

CO

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 15 of 28 Pages
1.

NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

Real Estate Strategies L.P.

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ý

(b) o

 

3.

SEC USE ONLY

 

4.

SOURCE OF FUNDS

AF - WC

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

o

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

Bermuda

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
7.

SOLE VOTING POWER

0

8.

SHARED VOTING POWER

11,884,744

9.

SOLE DISPOSITIVE POWER

0

10.

SHARED DISPOSITIVE POWER

11,884,744

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

11,884,744

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

34% * (subject to the 34% Beneficial Ownership Limitation provided under the transactional documents)

14.

TYPE OF REPORTING PERSON

PN

       
 

* All shares consists of shares currently issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents).

 
CUSIP No. 868526104SCHEDULE 13DPage 16 of 28 Pages

Item 1. Security and Issuer

This Amendment No. 1 amends and supplements the statement on Schedule 13D (the “Statement”) originally filed with the Securities and Exchange Commission on February 13, 2012 jointly by Mr. Eduardo S. Elsztain (“Elsztain”), Consultores Assets Management S.A. (“CAM”), Consultores Venture Capital Uruguay S.A. (“CVC Uruguay”), Agroinvestment S.A. (“Agroinvestment”), Idalgir S.A. (“Idalgir”), Consultores Venture Capital Ltd. (“CVC Cayman”), Ifis Limited (“IFIS”), Inversiones Financieras del Sur S.A. (“IFISA”), Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (“Cresud”), , IRSA Inversiones y Representaciones Sociedad Anónima ("IRSA"), Tyrus S.A. (“Tyrus”), Jiwin S.A. (“Jiwin”), Efanur SA (“Efanur”) and Real Estate Strategies L.P. (“RES” and together with Elsztain, CAM, CVC Uruguay, Agroinvestment, Idalgir, CVC Cayman, IFIS, IFISA, Cresud, IRSA, Tyrus, Jiwin and Efanur the "Reporting Persons") relating to the common stock, par value $0.01 per share (the “Common Stock”) of Supertel Hospitality, Inc., a Virginia corporation (“Supertel”) issuable upon (a) the conversion of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share (the “Preferred Stock”), beneficially owned by the Reporting Person, and/or (b) the exercise of 30,000,000 warrants (“Warrants”) beneficially owned by the Reporting Person (subject to the 34% Beneficial Ownership Limitation provided under the transactional documents described herein). Unless otherwise indicated, each capitalized term used but not defined herein shall have the meaning assigned to such term in the Statement. From and after the date hereof, all references in the Statement to the Statement or terms of similar import shall be deemed to refer to the Statement as amended and supplemented hereby. Information regarding the ownership of Common Stock set forth herein is as of the close of business on February 15, 2012. The address of the principal executive offices of Supertel is 1800 West Pasewalk Avenue, Suite 200, Norfolk, NE 68701.

Item 2. Identity and Background

Item 2 is amended to add the following:

(d) None of the Reporting Persons nor, to their knowledge, any person named in Schedule A hereto, has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) within the last five years.

(e) During the last five years, none of the Reporting Persons nor, to their knowledge, any person named in Schedule A hereto, has been a party to any civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which any such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation of such laws.

Item 3. Source and Amount of Funds or Other Considerations

Item 3 is amended to add the following:

On February 15th, 2012, pursuant to certain Purchase Agreement dated November 16th, 2011, RES has acquired 900,000 Preferred Shares, at a face value price per share of $10.00, for an aggregate gross purchase price of U.S. $9,000,000, convertible up to 9, 000,000 shares of Common Stock and warrants to purchase up to 9,000,000 additional shares of Common Stock.

The funds used to purchase the securities were derived from working capital and capital contributions made by affiliates.

 
CUSIP No. 868526104SCHEDULE 13DPage 17 of 28 Pages

Item 4. Purpose of Transaction.

Item 4 is amended to add the following:

On February 15th, 2012, Supertel issued and sold to RES the remaining 900,000 shares of Preferred Stock and Warrants to purchase up to 9,000,000 shares of Common Stock of Supertel, acquired in connection with certain Purchase Agreement dated November 16, 2011 for the purchase of Preferred Stock under a private transaction with Supertel.

Aside from the forgoing, none of the Reporting Persons nor, to their knowledge, any person named in Schedule A, has any present plans or proposals that relate to or would result in any actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

For more information, please see Item 6 below.

Item 5. Interests in Securities of the Issuer

Item 5 is hereby amended and restated in its entirety as follows:

As of February 15, 2012, the Reporting Persons beneficially owned 11,884,744 shares of Common Stock, representing 34% of Supertel’s outstanding Common Stock, issuable upon (a) the conversion of up to 1,188,474.4 shares of 3,000,000 Series C Cumulative Convertible Preferred Shares, par value $0.01 per share, beneficially owned by the Reporting Person, and/or (b) the exercise of up to 11,884,744 of 30,000,000 Warrants beneficially owned by the Reporting Person (pursuant to the 34% Beneficial Ownership Limitation provided under the transactional documents described in Item 6 below of the Statement filed on February 13, 2012). The Reporting Persons have assumed the conversion of Preferred Stock and/or exercise of Warrants up to the maximum amount currently permitted pursuant to the 34% Beneficial Ownership Limit.

(i) Elsztain is the Chairman of the Board of Directors of IFIS, IFISA, Cresud, CAM, CVC Uruguay, CVC Cayman, Agroinvestment, Idalgir, IRSA, Efanur, Jiwin and Tyrus, except for RES, a company in which Jiwin (a company wholly owned by IRSA) is the General Partner. 
(ii) Elsztain is the beneficial owner of 31.65% of IFIS, including: (a) 12.11% owned indirectly through Agroinvestment; (b) 5.17% owned indirectly through Idalgir; (c) 14.81% owned indirectly through CVC Uruguay; and (d) 2.08% owned indirectly through CVC Cayman. Elsztain owns 100% of Agroinvestment and Idalgir and 85.0% of CAM which owns 0.11% of IRSA’s outstanding stock and 100% of CVC Uruguay which in turn owns 0.0002% of Cresud’s shares on a fully diluted basis and 100% of CVC Cayman. None of these companies directly own Common Shares of Supertel Hospitality, Inc (“SPPR”). Elsztain also directly owns 0.21% of IRSA’s outstanding stock and 0.0002% of Cresud’s shares on a fully diluted basis; 
(iii) CVC Cayman serves as the Investment Manager of IFIS; 
(iv) IFIS is the direct owner of 100% of the common shares of IFISA; 
(v) IFISA directly owns 38.79% of Cresud’s shares on a fully diluted basis. IFISA does not directly own Common Stock; 
 
CUSIP No. 868526104SCHEDULE 13DPage 18 of 28 Pages
(vi) Cresud directly owns 63.22% of IRSA’s common shares. Cresud does not directly own Common Stock; 
(vii) IRSA owns 100% of Tyrus’ and Efanur’s capital stock. Irsa does not directly own Common Stock; 
(viii) Tyrus owns 100% of the capital stock of Jiwin. Tyrus does not directly own Common Stock; 
(ix) Jiwin serves as general Partner of RES; Jiwin does not directly own Common Stock; 
(x) Efanur is the major limited Partner of RES. Efanur does not directly own Common Stock and 
(xi) RES owns 3,000,000 Shares of Preferred Stock convertible up to 30,000,000 shares of Common Stock and Warrants exercisable for up to 30,000,000 shares of Common Stock, subject to the 34% Beneficial Ownership Limitation. 

Set forth below is a diagram of the Reporting Persons’ beneficial ownership of Supertel’s outstanding stock as of February 15ft, 2012:

 
CUSIP No. 868526104SCHEDULE 13DPage 19 of 28 Pages

Given the foregoing, as of February 15th, 2012, the Reporting Persons may be deemed to be currently the beneficial owners of 11,884,744 Common Stock, representing 34% of the issued and outstanding common shares of Supertel persuant to the 34% Beneficial Ownership.

(b) Item 5(a) is incorporated herein by reference.  
 
CUSIP No. 868526104SCHEDULE 13DPage 20 of 28 Pages

(c) On February 15th, 2012, Supertel issued and sold to RES the remaining 900,000 shares of Preferred Stock and Warrants to purchase up to 9,000,000 shares of Common Stock of Supertel, acquired in connection with certain Purchase Agreement dated November 16, 2011 for the purchase of Preferred Stock under a private transaction with Supertel.  
(d)-(e) Not applicable. 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 Item 6 is amended to add the following:

On February 15th, 2012, Supertel issued and sold to RES the remaining 900,000 shares of Preferred Stock and Warrants to purchase up to 9,000,000 shares of Common Stock of Supertel, acquired in connection with certain Purchase Agreement dated November 16, 2011 for the purchase of Preferred Stock under a private transaction with Supertel.

Item 7. Material to be filed as Exhibits

Response unchanged

 
CUSIP No. 868526104SCHEDULE 13DPage 21 of 28 Pages

Schedule A

Eduardo S. Elsztain
Bolívar 108, 1st floor
(1066) Buenos Aires
Republic of Argentina
Citizen of Argentina

Directors of IFIS Limited

1. 

Eduardo S. Elsztain
Director
Washington Mall West, 7 Reid Street,

Hamilton HM 11,

Bermuda.

Citizen of Argentina

4.

Mariana Renata Carmona de Elsztain
Director
Washington Mall West, 7 Reid Street,

Hamilton HM 11,

Bermuda.

Citizen of Argentina

2.

Saul Zang
Director
Washington Mall West, 7 Reid Street,

Hamilton HM 11,

Bermuda.

Citizen of Argentina

5.

Alejandro Gustavo Elsztain
Director
Washington Mall West, 7 Reid Street,

Hamilton HM 11,

Bermuda.

Citizen of Argentina

3.

Joseph Steinberg

Director

Washington Mall West, 7 Reid Street,

Hamilton HM 11,

Bermuda.

Citizen of the United States

   

Directors of Consultores Venture Capital Uruguay SA

1.

Eduardo S. Elsztain (Chairman)
Director
Ruta 8K 17.500 Edificio@3 Local 003,

CP 91609 Montevideo
Republic of Uruguay
Citizen of Argentina

3.

Olga Stirling

Director
Ruta 8K 17.500 Edificio@3 Local 003,

CP 91609 Montevideo
Citizen of Uruguay

 

2.

Eduardo Simon Bartfeld
Director
Ruta 8K 17.500 Edificio@3 Local 003,

CP 91609 Montevideo
Citizen of Uruguay

   

 
CUSIP No. 868526104SCHEDULE 13DPage 22 of 28 Pages

Directors of Consultores Assets Management S.A.

1.

Eduardo S. Elsztain (Chairman)
Director
Bolívar 108, 1st floor

(1066) Buenos Aires

Republic of Argentina

Citizen of Argentina

3.

Mariana Renata Carmona de Elsztain

Director
Bolívar 108, 1st floor

(1066) Buenos Aires

Republic of Argentina

Citizen of Argentina

 

2.

Saul Zang
Director

Bolívar 108, 1st floor

(1066) Buenos Aires

Republic of Argentina

Citizen of Argentina

4.

Gerardo Tyszberowicz
Director

Bolívar 108, 1st floor

(1066) Buenos Aires

Republic of Argentina

Citizen of Argentina

 

Directors of Consultores Venture Capital Limited

1.

Eduardo S. Elsztain (Chairman)
Director
89 Nexus Way, 2nd floor

Camana Bay, P.O. Box 31106, SMB

Grand Cayman, KY1-1205, Cayman Islands

Citizen of Argentina

 

2.

Saul Zang
Director
89 Nexus Way, 2nd floor

Camana Bay, P.O. Box 31106, SMB

Grand Cayman, KY1-1205, Cayman Islands

Citizen of Argentina

Directors of Inversiones Financieras del Sur S.A.

1.  Eduardo S. Elsztain
Chairman of the Board
Zabala 1422, 2nd floor
(11500) Montevideo
Republic of Uruguay
Citizen of Argentina
3. Eduardo Simon Bartfeld
Director
Zabala 1422, 2nd floor
(11500) Montevideo
Citizen of Uruguay
2.  Saúl Zang
Director
Zabala 1422, 2nd floor
(11500) Montevideo
Citizen of Argentina
4. Olga Stirling
Director
Zabala 1422, 2nd floor
(11500) Montevideo
Citizen of Uruguay

Directors of Agroinvestment S.A.

1.  Eduardo S. Elsztain
Chairman of the Board
Colonia 810, Of. 803
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
3. Eduardo Simon Bartfeld
Director
Colonia 810, Of. 803
(11000) Montevideo
Citizen of Uruguay
2.  Mariana Renata Carmona de Elsztain
Director
Colonia 810, Of. 803
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
   

 
CUSIP No. 868526104SCHEDULE 13DPage 23 of 28 Pages

Directors of Idalgir S.A.

1.  Eduardo S. Elsztain
Chairman of the Board
Colonia 810, Of. 803
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
2. Mariana Renata Carmona de Elsztain
Director
Colonia 810, Of. 803
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina

Directors and Executive Officers of
Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria

Directors

1. 

Eduardo Sergio Elsztain
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

9.

Daniel E. Melicovsky

Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

2.

Saúl Zang
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

10.

Alejandro Casaretto

Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

3.

Alejandro Gustavo Elsztain
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

11.

Salvador Darío Bergel
Alternate Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

4.

Gabriel Adolfo Reznik
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

12.

Gastón Armando Lernoud
Alternate Director
Moreno 877, 23rd floor
(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

5.

Jorge Oscar Fernández

Director

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

13.

Enrique Antonini
Alternate Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina

Citizen of Argentina

6.

Fernando Adrián Elsztain
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

14. Eduardo Kalpakian
Alternate Director
Moreno 877, 23rd floor
(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

 

 
CUSIP No. 868526104SCHEDULE 13DPage 24 of 28 Pages
7.

Pedro Damaso Labaqui Palácio

Director

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

   
8.

David Alberto Perednik
Director
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

   

Senior Management

1.

Alejandro Gustavo Elsztain
Chief Executive Officer
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

4.

Alejandro Casaretto

Regional Manager of Agricultural Real Estate

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

2.

Matías Iván Gaivironsky

Chief Financial Officer

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

5.

Carlos Blousson

Chief Executive Officer of the International Operation (Paraguay, Bolivia and Uruguay)

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

3.

David A. Perednik

Chief Administrative Officer

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

   
 
CUSIP No. 868526104SCHEDULE 13DPage 25 of 28 Pages

Directors and Executive Officers of
IRSA Inversiones y Representaciones Sociedad Anónima

Directors

1. 

Eduardo Sergio Elsztain
Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina

Citizen of Argentina

11.

Mauricio Wior

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

2. Saul Zang
Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina
12.

Mario Blejer

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

3.

Alejandro Gustavo Elsztain

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

13.

Ricardo Liberman

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

4.

Fernando Adrián Elsztain

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

14.

Gabriel A. Reznik

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

5.

Carlos Ricardo Estevez

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

15.

Salvador D. Bergel

Alternate Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

6.

Cedric D. Bridger

Director

Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

16.

Enrique Antonini

Alternate Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

7.

Daniel R. Elsztain
Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

   

 

 
CUSIP No. 868526104SCHEDULE 13DPage 26 of 28 Pages

8.

Marcos Moisés Fishman

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

   
9.

Fernando Rubín

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of Argentina

   
10.

Gary S. Gladstein

Director
Bolívar 108, 1 floor
(C1066AAD) Buenos Aires
Republic of Argentina
Citizen of USA

   

Senior Management

1.

Eduardo Sergio Elsztain
Chief Executive Officer
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

4.

Jorge Cruces

Chief Real Estate Officer

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

2.

Matías Iván Gaivironsky

Chief Financial Officer

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

5.

Daniel R. Elsztain

Chief Real Estate Business Officer

Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

3.

David Alberto Perednik
Chief Administrative Officer
Moreno 877, 23rd floor

(C1091AAQ) Buenos Aires
Republic of Argentina
Citizen of Argentina

   

 
CUSIP No. 868526104SCHEDULE 13DPage 27 of 28 Pages

Tyrus S.A.

1. Eduardo S. Elsztain
Chairman of the Board
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
3. Alejandro Gustavo Elsztain
Director
Colonia 810, Of. 403
(11000) Montevideo
Citizen of Uruguay
2. Saúl Zang
Director
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
   

Jiwin S.A.

1. Eduardo S. Elsztain
Chairman of the Board
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
3. Alejandro Gustavo Elsztain
Director
Colonia 810, Of. 403
(11000) Montevideo
Citizen of Uruguay
2. Saúl Zang
Director
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
   

Efanur S.A.

1. Eduardo S. Elsztain
Chairman of the Board
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
3. Alejandro Gustavo Elsztain
Director
Colonia 810, Of. 403
(11000) Montevideo
Citizen of Uruguay
2. Saúl Zang
Director
Colonia 810, Of. 403
(11000) Montevideo
Republic of Uruguay
Citizen of Argentina
   

 
CUSIP No. 868526104SCHEDULE 13DPage 28 of 28 Pages

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this Statement on Schedule 13D is true, complete and correct.

DATED: February 15th, 2012

Eduardo S. Elsztain Consultores Assets Management S.A.
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
   
IFIS Limited Consultores Venture Capital Limited
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
   
Inversiones Financieras del Sur S.A. Cresud Sociedad Anónima Comercial,
Inmobiliaria, Financiera y Agropecuaria
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
By:     /S/ Eduardo S. Elsztain                          
Name: Eduardo S. Elsztain
Title: Chairman of the Board
   
Consultores Venture Capital Uruguay Efanur S.A.
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
By:   /S/ / Eduardo S. Elsztain                          
Name: / Eduardo S. Elsztain
Title: Chairman of the Board
   
Tyrus S.A. Agroinvestment S.A.
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board
   
Real Estate Strategies L.P. Jiwin S.A.
By: Jiwin S.A., its general partner
By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board

By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain

Title: Chairman of the Board

   

Irsa Inversiones y Representaciones S.A.

By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board

Idalgir S.A.

By: /S/ Eduardo S. Elsztain
Name: Eduardo S. Elsztain
Title: Chairman of the Board

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