Home News Releases Sonnenblick-Eichner Company Arranges $65MM Loan to Refinance Marriott Monterey Hotel

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Sonnenblick-Eichner Company Arranges $65MM Loan to Refinance Marriott Monterey Hotel

publisher8May 4, 20161 Mins read316

BEVERLY HILLS, Calif. - Real estate investment banking firm Sonnenblick-Eichner Company has arranged $65 million of first mortgage debt for the refinancing of the 341-room Marriott Monterey Hotel in downtown Monterey, CA. The 10-year, fixed-rate financing was provided by a European Money Center bank and was underwritten at a debt yield below 10 percent. "The […]

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