Lightstone Group has sealed $130 million in construction financing for its new Moxy hotel on the Lower East Side of Manhattan. MSD Partners provided a $90 million senior loan in the deal, while Lionheart Strategic Management — through its credit vehicle Lionheart Real Estate Credit Strategies — provided $40 million in mezzanine debt.
Featuring:
Benjamin Nevid
Senior Managing Director
Underwriting and Loan Placement
(212)612-0126
bnevid@meridiancapital.com
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