Bank Hapoalim Provides $80M Loan For LES/SoHo Hotel At 225 Bowery St

An $80M loan has been secured by Northwind Group, in partnership with Omnia Group, for their hotel located at 225 Bowery St in LES/SoHo. The lender for this transaction is Bank Hapoalim. The property spans approximately 100,000 square feet and consists of 200 keys.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $80M
• Address: 225 Bowery St
• Market: LES/SoHo
• Lender: Bank Hapoalim
• Landlord: Northwind Group - Ran Eliasaf & Omnia Group - David Paz
• Loan Brokers: Jonathan More, Jamie Matheny & Ari Hirt from Mission.Capital

This deal was facilitated by brokers Jonathan More, Jamie Matheny, and Ari Hirt from Mission.Capital. They played a crucial role in securing the loan for the transaction. The specific terms of the loan, such as interest rate and repayment period, were not provided in the context.