Northwood Investors Acquires Hollywood Hills Hotel With $165M Loan
1020 North San Vicente Boulevard
1,570 SF
Summary
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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