Goldman Sachs Bank USA Provides $128M Loan For Palm Desert Hotel

Located at 74-855 Country Club Dr. in Palm Desert, this hotel property recently closed a transaction. The deal was facilitated by Kam Sang Co. as the landlord, and the lending institution Goldman Sachs Bank USA provided a loan amount of $128,000,000. The loan terms are set at a 5-year fixed rate with interest-only payments.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $128,000,000
• Address: 74-855 Country Club Dr.
• Market: Palm Desert

The hotel property was represented by Mike Huth & Shalin Patel of JLL's Hotels & Hospitality Group. They played a significant role in the successful completion of the deal.