GFI Capital Resources Group Refinances Boerum Hill Hotel For $59M

Located in Boerum Hill, the hotel at 61 Bond Street recently underwent a refinancing transaction. The property, spanning 165,534 square feet, caught the attention of lenders and landlords in the market. The loan amount for this transaction was $59,000,000 and was facilitated by Rialto Capital Management. GFI Capital Resources Group is the landlord involved in the deal.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $59,000,000
• Address: 61 Bond Street
• Market: Boerum Hill
• Loan Type: Refinance
• Lender: Rialto Capital Management
• Landlord: GFI Capital Resources Group

The refinancing deal was notable due to the involvement of Rialto Capital Management as the lender and GFI Capital Resources Group as the landlord. The transaction, which took place on May 5, 2022, allowed the hotel at 61 Bond Street to secure a loan amount of $59,000,000 for the purpose of refinancing.