Ohana Real Estate Investors Secures $57.5M Loan For Boston Hotel With Lender Apollo Global Management

Located at 500 Commonwealth Avenue in Boston, MA, this hotel property has recently been involved in a closed loan transaction. The loan was secured on December 1, 2020, with a total amount of $57,500,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $57,500,000
• Address: 500 Commonwealth Avenue, Boston, MA
• Market: Boston, MA
• Keys: 245

The landlord of this hotel property is Ohana Real Estate Investors, represented by Chris Smith. On the lending side, Apollo Global Management provided the loan for this transaction.

This closed loan transaction showcases the active involvement of Ohana Real Estate Investors, with Chris Smith as their representative. The lender, Apollo Global Management, helped finance the acquisition or development of this hotel property. The distinctive features of this transaction, including the loan amount of $57,500,000 and the property's prime location on Commonwealth Avenue, make it a significant deal in the Boston market.