Meridian Capital Group Arranges $20.5M Refinance Loan For Westbury Hotel Property

The Courtyard by Marriot Westbury Hotel property located at 1800 Privado Road in Westbury, Long Island has recently undergone a refinance loan transaction. The loan amount for this deal was $20,500,000. The hotel asset, known for its prime location in the Westbury market, was refinanced through a bridge loan.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $20,500,000

The brokers involved in this transaction were Adam Hakim, Andrew Iadeluca, and James Murad from Meridian Capital Group. They represented the parties involved in the deal, ensuring a successful refinance loan for the Courtyard by Marriot Westbury Hotel property.

For additional information on this deal or any assistance with land, bridge, or construction loans, please reach out to Andrew Iadeluca directly:

Email: [email protected]

Phone: 212-612-0121