Goldman Sachs & Starwood Provide $60.5M Refinance Loan For Driftwood Capital's Osage Beach Hotel
494 Tan Tar A Drive
Summary
The hotel property located at 494 Tan Tara Drive in Osage Beach, MO has undergone a refinancing transaction. The loan, amounting to $60,500,000, was arranged by Goldman Sachs and Starwood. The owner of the hotel is Driftwood Capital. Berkadia represented the parties involved in the deal, with Michael Weinberg, Alec Fox, Scott Wadler, and Edmund Aramayo serving as brokers.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $60,500,000
- Lender: Goldman Sachs & Starwood
- Owner: Driftwood Capital
- Brokers: Michael Weinberg, Alec Fox, Scott Wadler, and Edmund Aramayo - Berkadia
- Loan Type: Refinance
- Loan Terms: 5-year fixed rate deal, full term interest only
The refinancing deal involved key individuals and companies, such as Goldman Sachs, Starwood, Driftwood Capital, and Berkadia. The loan terms include a 5-year fixed rate with full term interest-only payments. Michael Weinberg, Alec Fox, Scott Wadler, and Edmund Aramayo represented Berkadia in the transaction.
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