Wednesday 2 January 2019

Sapir Organization lands $115M refi for NoMo hotel

The Sapir Organization has refinanced its trendy NoMo hotel with $115 million from Goldman Sachs, according to property records. The loan also includes a $3 million gap mortgage from the bank and $73.3 million from a Sapir-related company. The money is meant to refinance a $180 million senior loan from 2015. The hotel is located at 9 Crosby Street in Soho. Sapir Organization CEO Alex Sapir and his partner Gerard Guez bought it from Deutsche […]



source https://therealdeal.com/2019/01/02/sapir-organization-lands-115m-refi-for-nomo-hotel/

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