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The lender group originated the loan on behalf a partnership between Blackstone and Starwood Capital.
The deal signifies continued resilience in the hospitality sector, according to co-founder Elliot Eichner.
The future of conference and event centers lies uncertain despite broader pandemic recovery tailwinds.
Atlanta skyline
Four senior executive hires mark new strategy emphasis across real estate sectors.
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The $500m strategy will focus on bridge opps across most sectors and market sizes.
The global law firm reckons conflict in Russia and political uncertainty in China is impacting the assets owned by large US real estate holding companies.
AB's head of private alternatives, Matt Bass, tells REC USA the CarVal acquisition fills gaps in its opportunistic and distressed credit capabilities.
The Los Angeles lender is making a bet on Class A New York office space, alongside co-living and student housing assets.
New York skyline
New chief executive eyes more $50m-plus and multi-property deals.
It is part of a $138.7m financing package for Grand Heritage Hotel Group.
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