A new hotel just landed a new refinancing package. The Northwind Group and Omnia Group secured an $80 million mortgage for the new Ace Hotel on the Bowery, according to sources familiar with the deal. Bank Hapoalim provided the three-year balance-sheet loan for the 14-story, 200-key hotel, replacing previous debt from Bank of the Ozarks, property records show. Mission Capital Advisors’ Jonathan More, Steve Buchwald, Alex Draganiuk, Jamie Matheny and Beau Williams arranged the financing. […]
source https://therealdeal.com/2019/03/05/ace-hotel-on-bowery-lands-80m-refinancing/
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