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Sbe Scores $425M Refi For Delano South Beach, Hudson Hotel

by therealdeal.com posted 1year ago 323 views
Sam Nazarian’s Sbe secured a $425 million refinance of its Delano South Beach and Hudson Hotel properties.  Column Financial provided the loan, which breaks down to a $280 million mortgage and a $145 million junior mezzanine loan, according to a press release. Both mature on February 9, 2020 with two one-year extension options. Sbe and its partners Yucaipa and Cain Hoy closed on the $800 million acquisition of Morgans Hotel Group in December, in a deal that included ... [more]

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