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WitkoffCo Secures $230M Loan For Sunset Boulevard Hotel In West Hollywood

9040 Sunset Boulevard AKA @WeHoEdition
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This Hotel property located in CA received a loan of $230,000,000 over 2 years ago. The brokers of the deal were Daniel (Dan) Morin, Nick Scribani, Dustin Stolly, and Jordan (Jordy) Roeschlaub

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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Deals
  • Location
    9040 West Sunset Boulevard, West Hollywood, CA 900699040 West Sunset Boulevard, West Hollywood, CA 90069
  • Loan Value
    $230,000,000$230,000,000
  • Asset Type
    HotelHotel
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Daniel (Dan) Morin

Daniel (Dan) Morin

Deals10
Financed$922.5M

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Nick Scribani

Nick Scribani

Deals98
Financed$14.6B

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Mack Real Estate Group

Mack Real Estate Group

Lender
Deals17
Volume$ 725.3B

Social

Deal Summary

LOAN 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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9040 Sunset Boulevard AKA @WeHoEdition

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