Corten Real Estate Partners Provides $100M Loan For Los Angeles Hotel Acquisition

3515 Wilshire Boulevard, Los Angeles, California 90017, United States

$100,000,000

Building Size

—

Asset Type

Hotel

Closing

Mar 15, 2022

AI

The hotel located at 3515 Wilshire Boulevard in Los Angeles has recently undergone a closed transaction. This hotel property, consisting of 384 keys, was involved in a loan deal.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $100,000,000
Address: 3515 Wilshire Boulevard
Market: Los Angeles

The loan deal for this hotel property was facilitated by Corten Real Estate Partners, with Brandon Flury representing the company as the lender. The landlord in this transaction is Yucaipa Companies. The institutional property advisors, Jordan Ray, Steven Buchwald, Jamie Matheny, and Lexington Henn from Marcus & Millichap, acted as brokers in this deal.

Note: No additional information was provided regarding the deal participants or any other noteworthy details.