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Blue Owl Capital Provides $106M to Refi Lowell Hotel in New York City

A historic New York City hotel has received a new round of debt financing.  Kensico Properties has secured $106 million to refinance the Lowell Hotel, a 17-story, 74-key luxury boutique hotel on Manha

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Summary

A historic New York City hotel has received a new round of debt financing.

Kensico Properties has secured $106 million to refinance the Lowell Hotel, a 17-story, 74-key luxury boutique hotel on Manhattan’s Upper East that the firm purchased and redeveloped in 1984, Commercial Observer can first report.

Blue Owl Capital provided the senior loan, […]

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