KSL Capital Partners Secures $23M Refinance Loan For South Ozone Park Hotel | 148-18 134th Street | Wells Fargo, Citibank | Hotel | Loan

Summary

Loan

NEW YORK

Hotel

The hotel building located at 148-18 134th Street in South Ozone Park, Queens has secured a refinancing loan of $22,951,700. The loan was obtained by KSL Capital Partners, represented by Kevin Rohnstock, for the property that was acquired earlier this year from Hersha Hospitality Trust.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $22,951,700
Lender: John Gordon Nico - Wells Fargo & Jonathan Misher - Citibank
Landlord: Kevin Rohnstock - KSL Capital Partners
Loan Type: Refinance

Kevin Rohnstock, representing KSL Capital Partners, successfully secured the $23 million refinancing loan for the hotel in South Ozone Park, Queens. The loan was obtained from John Gordon Nico of Wells Fargo and Jonathan Misher of Citibank.

Players

All
2

Lenders
2

Wells Fargo

Citibank

Details

Deal Summary

FINANCED

IMAGE: Kevin Rohnstock DATE: 11/28/2023 ADDRESS: 148-18 134th Street MARKET: South Ozone Park, Queens ASSET TYPE: Hotel LENDER: John Gordon Nico - Wells Fargo (@WellsFargo) & Jonathan Misher - Citibank (@CitiBank) LANDLORD: Kevin Rohnstock - KSL Capital Partners LOAN AMOUNT: $22,951,700 LOAN TYPE: Refinance NOTE: KSL Capital Partners, represented by Kevin Rohnstock, secured a $23 million refinancing loan for the hotel building at 148-18 134th Street in South Ozone Park, Queens, which was acquired earlier this year from Hersha Hospitality Trust.

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Address148-18 134th Street

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