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.
Recent Articles | Back to News
Westville To Open at 540 Third Avenue in Murray Hill
Article
August 14, 2018
Westville Expands: Opening its 12th Location
Article
August 14, 2018
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Article
August 14, 2018
Mermaid Inn Restaurateurs Ink 2K SF at 61 West 74th Street for New Eatery
Article
August 14, 2018
New York City's Top Retail Leases in July 2026
Article
August 14, 2018
