Tag: Arranges
Sonnenblick-Eichner Co. Arranges $84 Million Loan to Refi Ocean Key Resort & Spa in Key West, FL
By: Sonnenblick-Eichner Co. Ocean Key Resort And Spa BEVERLY HILLS, Calif. – Sept. 14, 2022 – PRLog — Sonnenblick-Eichner Company, on behalf of Noble House Hotels & Resorts, has arranged $82.425 million of fixed rate first mortgage financing for the Ocean Key Resort & Spa in Key West, FL. Ocean Key Resort and Spa is a 100-room, full-service, waterfront resort recently honored by Forbes as the Best Luxury Resort in Key West. Proceeds from the five-year, non-recourse loan priced in the low 5% range, will be used to pay off and defease the existing loan and fund a $10.5 million ... Read more