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

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.