Blackstone Provides $191M Refinance Loan For Four Seasons And Hyatt Andaz In Costa Rica

The Four Seasons Papagayo and Hyatt Andaz Papagayo hotels in Costa Rica have undergone a refinancing deal. The loan, amounting to $191 million, was arranged by Miami-based Lotus Capital Partners on behalf of Gencom and Mohari Hospitality. blackstone''>Blackstone provided the loan and Jonathan Pollack represented them. The landlords involved in the deal are Gencom, represented by Karim Alibhai, and Mohari Hospitality, represented by Mark Scheinberg.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $191,000,000
• Loan Type: Refinance
• Address: Liberia Guanaste 26Km al Norte del Doit, CR-G, Peninsula Papagayo
• Market: Costa Rica
• Asset Type: Hotel
• Keys: 352

Faisal Ashraf of Lotus Capital Partners acted as the capital advisor in the deal, while Jonathan Pollack represented Blackstone as the lender. Karim Alibhai represented Gencom, and Mark Scheinberg represented Mohari Hospitality as the landlords.