GFI Capital Secures $80 Million Refinance Loan From Torchlight Investors For Boerum Hill Hotel

The asset involved in this transaction is a hotel located at 61 Bond Street in Boerum Hill, Brooklyn. The property encompasses a total square footage of 165,534 and is associated with a loan amount of $80,000,000. This transaction involved a refinance loan secured for the hotel property.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $80,000,000
• Address: 61 Bond Street
• Market: Boerum Hill, Brooklyn
• Lender: Torchlight Investors
• Landlord: Allen Gross - GFI Capital
• Loan Type: Refinance

GFI Capital Resources Group, through Bond Street Lessee LLC, facilitated the refinancing process for the property by securing the loan from Torchlight Investors. Allen Gross represents GFI Capital in this transaction.