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200 Stanly Crossroad

Updated Mar 11, 2025

FINANCEDHotel

Mack Real Estate Credit Strategies Refinances Hotel In Napa Valley For $235M

200 Stanly Crossroad

$235,000,000

Building Size

Asset Type

Hotel

Closing

Aug 18, 2022

About this deal

AI

An undisclosed hotel property located at 200 Stanly Crossroad in Napa Valley has undergone a refinancing transaction. The asset was involved in a closed deal, with a loan amount of $235,000,000 secured from Mack Real Estate Credit Strategies, represented by Richard Mack. The landlord, Mandrake Capital Partners, represented by Ben Haefele, oversaw the refinance process. The brokers involved in the transaction were Jordan Roeschlaub, Dustin Stolly, and Nick Scribani from Newmark.

Summary of transaction details:

  • Property Type: Hotel
  • Loan Amount: $235,000,000
  • Loan Type: Refinance
  • Address: 200 Stanly Crossroad
  • Market: Napa Valley

The extraordinary refinancing deal was made possible by the collaboration between Mack Real Estate Credit Strategies, headed by Richard Mack, as the lender, and Mandrake Capital Partners, led by Ben Haefele, as the landlord. Jordan Roeschlaub, Dustin Stolly, and Nick Scribani from Newmark played vital roles as brokers representing the involved parties throughout the transaction.

Players

Dustin Stolly

Walker & Dunlop

Broker

$51.1B

vol

273 deals

Broker
Mack Real Estate Group
Mack Real Estate GroupLender

Napa Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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