Oleg Pavlov & Jared White Of Quadrum Global Secure $500 Million Refinance For Hotel Portfolio
96 Wythe Avenue, 168 North Michigan Avenue, 333 G Street Northwest, 351 West 38th Street, 231 Hudson Street & 11 East 31st Street
$500,000,000
Building Size
—
Asset Type
Hotel
Closing
Oct 9, 2026
About this deal
AI
The transaction involves a portfolio of six Arlo-branded hotels with a total of 1,867 keys located at 96 Wythe Avenue, 351 West 38th Street, 231 Hudson Street, 11 East 31st Street in New York, Chicago, IL, and Washington, DC. The lender for this refinance transaction is JPMorgan Chase, with a total loan amount of $500,000,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $500,000,000
- Lender: Peter Wolff & Chris Kosonen - JP Morgan Chase
- Borrower: Oleg Pavlov & Jared White - Quadrum Global
- Advisors: Adam Licari, Rob Turner, Drew Ahlers, Matthew Safford & Scott Ellman - Eastdil Secured Savills
This refinancing deal highlights the involvement of Quadrum Global, represented by Oleg Pavlov and Jared White, which secured financing for the hotel portfolio. Eastdil Secured Savills played a crucial advisory role in facilitating the transaction, with multiple advisors contributing to the successful structuring of this loan arrangement.
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$500,000,000
Hotel
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.03%
Cash-on-Cash
-0.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93