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1020 North San Vicente Boulevard
FINANCED

Northwood Investors Acquires Hollywood Hills Hotel With $165M Loan

1020 North San Vicente Boulevard

Hotel
1,570 SF
Adam Etra
Dustin Stolly
Christopher (Chris) Kramer
+ 3
the dealplayerscompscontact

Summary

Loan
CALIFORNIA
Hotel
1,570 sqft

The Hollywood Hills hotel located at 1020 N. San Vicente Blvd has recently been involved in a loan transaction. The loan was provided by SocGen and Crédit Agricole for a total amount of $165M. The loan terms span over a period of 5 years. This hotel property consists of 226 units and is owned by Northwood Investors. The transaction was facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Christopher Kramer, Adam Etra, Mark Schoenholtz, and Lawrence Wolfe from Newmark Knight Frank.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $165M
  • Loan Terms: 5 years
  • Units: 226
  • Lender: SocGen, Crédit Agricole
  • Landlord: Northwood Investors
  • Brokers: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Christopher Kramer, Adam Etra, Mark Schoenholtz & Lawrence Wolfe from Newmark Knight Frank

This transaction involved a loan for the Hollywood Hills hotel, with SocGen and Crédit Agricole as the lenders. The loan amount of $165M will be repaid over a period of 5 years. The property, owned by Northwood Investors, comprises 226 units. The deal was facilitated by brokers Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Christopher Kramer, Adam Etra, Mark Schoenholtz, and Lawrence Wolfe from Newmark Knight Frank.

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Players

  • All

    6

  • Agents

    5

  • Agencies

    1

Adam Etra's profile picture
Adam Etra
Newmark-image
Vice Chairman, Co-Head
$215.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: Jordan Roeschlaub, Dustin Stolly and Nick Scribani DATE: 02/22/2019 ADDRESS: 1020 N. San Vicente Blvd MARKET: Hollywood Hills ASSET TYPE: Hotel LENDER: SocGen, Crédit Agricole LANDLORD: Northwood Investors BROKERS: Dustin Stolly, Jordan Roeschlaub, Nick Scribani, Christopher Kramer, Adam Etra, Mark Schoenholtz & Lawrence Wolfe @newmarkkf - LOAN AMOUNT: $165M LOAN TERMS: 5-y UNITS: 226

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Address1020 North San Vicente Boulevard

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