facebook
Traded Co logo
Submit a Deal
369 West Vine Street
FINANCED

BlackRock-Managed Funds Provides $40M Bridge Loan For Lexington Hotel Deal

369 West Vine Street

Hotel
289,760 SF
clock iconFinanced 86 days ago
Zachary (Zack) Streit
Malcolm Davies
the dealplayerscompscontact
share iconContact now

Summary

Loan
KENTUCKY
Hotel
289,760 sqft

The property at 369 West Vine Street in Lexington, KY is a Hotel with a square footage of 289,760. The loan amount for this transaction was $40,000,000, secured as a Bridge loan. The lender, Daniella Marca, represented BlackRock-Managed Funds and Accounts. The landlords, Jeff Alderson and Seth Wolkov, are associated with Evermore Partners. The brokers involved in this deal were Malcolm Davies and Zachary Streit from WAY Capital.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $40,000,000
  • Address: 369 West Vine Street
  • Market: Lexington, KY
  • Lender: Daniella Marca - BlackRock-Managed Funds And Accounts
  • Landlords: Jeff Alderson & Seth Wolkov - Evermore Partners
  • Brokers: Malcolm Davies & Zachary Streit - WAY Capital

The key individuals involved in this transaction include Malcolm Davies, Zachary Streit, Seth Wolkov, Daniella Marca, and Jeff Alderson. Malcolm Davies and Zachary Streit represented WAY Capital in this deal.

Players

  • All

    5

  • Agents

    2

  • Agencies

    2

  • Lenders

    1

Zachary (Zack) Streit's profile picture
Zachary (Zack) Streit
Priority Capital Advisory-image
President

Details

Deal Summary
minus icon
FINANCED
IMAGE: Malcolm Davies, Zachary Streit, Seth Wolkov, Daniella Marca & Jeff Alderson DATE: 01/20/2024 ADDRESS: 369 West Vine Street MARKET: Lexington, KY ASSET TYPE: Hotel ~ SF: 289,760 LENDER: Daniella Marca - BlackRock-Managed Funds And Accounts (@BlackRock) LANDLORD: Jeff Alderson & Seth Wolkov - Evermore Partners BROKERS: Malcolm Davies (@MalcolmpDavies) & Zachary Streit - WAY Capital (@WayCapitalCRE) LOAN AMOUNT: $40,000,000 LOAN TYPE: Bridge

View on map

Loading...

Address369 West Vine Street

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want