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$60 Million Loan for California Hotel

Real Estate Fund
Representation of real estate fund, as lender, in connection with a $60 million loan for the Dream Hotel in Hollywood, California. This complex transaction included restructuring the existing EB-5 debt into a mezzanine loan position.
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Jay M. Sakalo

Jay M. Sakalo

Partner, Business Finance & Restructuring and Corporate Practice Group Leader
Jennifer D. Llano

Jennifer D. Llano

Associate
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Experience
Oversaw the servicing of over $6 billion worth of hotel loans involving sales and loan assumptions, restructurings, mergers, deeds-in-lieu of foreclosure, forbearances and other workouts, changes in franchises/ flags, operating/ master lease issues, private equity takeovers, changes in management, e...
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