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Mark Fisher Of CBRE Arranges Loan For Hotel On 1330 Maryland Ave SW

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Mark Fisher Of CBRE Arranges Loan For Hotel On 1330 Maryland Ave SW

1330 Maryland Ave SW, Washington...

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Summary

Asset Type:Hotel
Transaction Type:Loan

The Mandarin Oriental, Washington D.C. is a luxury hotel located on 1330 Maryland Ave SW in Washington. The hotel comprises nine stories with 373 rooms and was built in 2004. Recently renovated, the property overlooks the Tidal Basin and the Washington Channel, offering views of nearby attractions such as the National Mall, Washington Monument, Martin Luther King Jr. Memorial, Thomas Jefferson Memorial, and the Smithsonian National Museum of Natural History.

Summary of transaction details:

Henderson Park, a London-based private equity real estate manager, acquired the Mandarin Oriental and rebranded it as Salamander Washington D.C. The property is now managed by Salamander Hotels & Resorts, based in Middleburg, Virginia. Gilda Perez-Alvarado, Jeffrey Davis, and Stephany Chen of JLL represented the seller, Mandarin Oriental Hotel Group International Ltd., in the transaction. Mark Fisher of JLL was the arranger of the undisclosed acquisition financing on behalf of Henderson Park.

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Mark Fisher
9 deals$1.6B volume
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Details

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IMAGE: 1330 Maryland Ave SW, Washington... ASSET TYPE: Hotel BORROWER'S REP: Mark Fisher(CBRE) LENDER: Undisclosed Institutional Investor

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Debt Service Coverage Ratio (DSCR)

0.00x

Max Loan Amount

$0.00

Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00