Goldman Sachs Bank USA Provides $128M Loan For Palm Desert Hotel
74-855 Country Club Drive
Hotel
Financed 1 year ago
Summary
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.
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74-855 Country Club Drive
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