69.5 F
Los Angeles
Friday, Aug 12, 2022
-Advertisement-

Sunset Strip Project Gets $300M Loan

The West Hollywood Edition Hotel and Residences on the Sunset Strip has received a $300 million floating-rate loan, Newmark Knight Frank announced May 24.

Newmark Knight Frank’s Dustin Stolly, Jordan Roeschlaub, Nick Scribani and Chris Kramer secured the loan from Deutsche Bank and Mirae Asset Daewoo.

The West Hollywood Edition Hotel and Residences, at 9040 Sunset Blvd., will have a 190-room hotel and 20 condo units. It is scheduled to open in September.

Commercial real estate reporter Hannah Madans can be reached at hmadans@labusinessjournal.com. Follow her on Twitter @HannahMadans

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans covers real estate for the Los Angeles Business Journal. A USC grad, Madans has done work with publications including The Orange County Register, The Real Deal and doityourself.com.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-