WitkoffCo Secures $230M Loan For Sunset Boulevard Hotel In West Hollywood | 9040 Sunset Boulevard AKA @WeHoEdition | Mack Real Estate Group | Daniel (Dan) Morin, Dustin Stolly, Jordan (Jordy) Roeschlaub, Nick Scribani | Hotel | Loan

Summary

Loan

CALIFORNIA

Hotel

190 sqft

A $230,000,000 loan has been secured by @WitkoffCo, the landlord of 9040 Sunset Boulevard, also known as @WeHoEdition, a hotel property with 190 units located in the West Hollywood market. The loan was provided by Mack Real Estate Credit Strategies.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $230,000,000
Address: 9040 Sunset Boulevard AKA @WeHoEdition
Market: West Hollywood
Units: 190

Dustin Stolly, Jordan Roeschlaub, Nick Scribani, and Dan Morin from Newmark served as the brokers in this deal, representing @WitkoffCo. The loan was received on 9th January 2021.

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Players

All
6

Agents
4
Agencies
1
Lenders
1

Daniel (Dan) Morin

Associate

$151M Sold

Dustin Stolly

Co-President, Debt & Structured Finance

$5.1B Sold

Jordan (Jordy) Roeschlaub

Co-President, Debt & Structured Finance

$4.8B Sold

Nick Scribani

Executive Managing Director

$3.2B Sold

Details

Deal Summary

FINANCED

IMAGE: Steve Witkoff, Dustin Stolly, Alex Witkoff, Jordan Roeschlaub, Richard Mack, Nick Scribani, Jamie Dimon & Dan Morin DATE: 09/01/2021 ADDRESS: 9040 Sunset Boulevard AKA @WeHoEdition MARKET: West Hollywood ASSET TYPE: Hotel ~ UNITS: 190 LENDER: Mack Real Estate Credit Strategies LANDLORD: @WitkoffCo BROKERS: Dustin Stolly, Jordan Roeschlaub, Nick Scribani & Dan Morin @Newmark LOAN AMOUNT: $230,000,000

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Address9040 Sunset Boulevard AKA @WeHoEdition

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