Goldman Sachs issued an $88.4 million loan to refinance debt at Brooklyn’s Pod Hotel, The Real Deal has learned. It is the third debt issuance to the 249-key budget hotel at 247 Metropolitan Avenue, which was developed by CBSK Ironstate — a partnership between CB Developers, SK Development Group and Ironstate Development. Lionheart Strategic Management, a debt vehicle owned by Fisher Brothers, provided a $10 million mezzanine portion, included in the debt. The debt will […]
source https://therealdeal.com/2019/08/28/goldman-sachs-provides-90m-loan-to-refinance-hotel-in-williamsburg/
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