NEWS

Commercial Observer

EXTELL SCORES $265M NATIXIS-LED REFI FOR BOSTON HOTEL

JUNE 14, 2018

Extell Development Company has secured $265 million in debt to refinance its InterContinental Boston hotel at 500 Atlantic Avenue in the Financial District section of the city from Natixis, Rexmark and South Korean fund manager KTB Asset Management.

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Benzinga

REXMARK, KTB CLOSE ON £55,000,000 MEZZANINE LOAN ON LONDON'S ICONIC GROSVENOR HOUSE HOTEL

MARCH 12, 2018

U.S. real estate firm Ashkenazy Acquisition Corp has closed on a new £55,000,000 mezzanine loan to refinance a portion of the debt on the Grosvenor House Hotel in London, a luxury 5-star hotel located in London’s Mayfair District. 

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Commercial Observer

FORTIS, DAVID WERNER LOCK IN $100M IN MEZZANINE DEBT FROM KOREAN INVESTOR

MAY 22, 2017

Brooklyn-based Fortis Property Group and investor David Werner have landed a $100 million mezzanine loan to refinance a portion of debt on 1 Lincoln Street, a 36-story office building in Boston’s Financial District, Commercial Observer can first report.

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The Real Deal

DIALING KOREA FOR DEBT: CHETRIT SCORES $101M TRINITY PLACE REFI FROM KTB, REXMARK

April 05, 2017

South Korean fund manager KTB Asset Management and Midtown-based investor Rexmark provided the loan, which is the latest in a flurry of debt deals by Korean investors.

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