Oliver Carr Jr. Secures $99 Million Refinance Loan For Hotel At 801 Wharf Street Southwest

The asset involved in this transaction is a hotel located at 801 Wharf Street Southwest in Washington, DC. The hotel consists of 278 keys. A refinance loan of $99,000,000 was secured for the property.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $99,000,000
• Lender 1: Charles Scharf - Wells Fargo
• Lender 2: Ted Pick - Morgan Stanley
• Landlord: Oliver Carr Jr.
• Landlord's Representatives: Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Tate Keir - Newmark
• Loan Type: Refinance

This transaction highlights the key roles played by various professionals. Charles Scharf and Ted Pick represented the lending institutions, while Oliver Carr Jr. acted as the landlord. The landlord's representatives from Newmark include Jordan Roeschlaub, Nick Scribani, Tyler Dumon, and Tate Keir, contributing to the complexities of the deal.