Meridian Capital Group

Historic Cincinnati Hotel Used as Model for Empire State Building Scores $70M Refi

August 14, 2018

J.P. Morgan Chase has provided the Belvedere Corporation with $72.5 million in commercial mortgage-backed securities debt to refinance its 561-key Hilton Cincinnati Netherland Plaza hotel in Cincinnati, Ohio, Commercial Observer has learned. 

The five-year loan retires roughly $70 million in previous 12-month bridge financing provided by J.P. Morgan last fall, as CO previously reported. The bank declined to comment on the refinance or the loan’s eventual securitization.

Featuring:
Drew Anderman
Senior Managing Director
Origination
(212)612-0236
[email protected]
Read Article
Recent Articles | Back to News

Sarah Kuebler - ConnectCRE 2022 Next Generation Awards

Article
August 14, 2018

Gregory Goldberg, Meridian Capital Group – Retail Leasing

Article
August 14, 2018

Elliott Kunstlinger, Meridian Capital Group

Article
August 14, 2018

Daniel Cohen, Meridian Capital Group

Article
August 14, 2018

“Hot girl real estate” reigns at ICSC, Covid be damned

Article
August 14, 2018

EverWest Purchases New Jersey Industrial Asset for $62M

Article
August 14, 2018