Brief
St. Regis Bal Harbour Resort Secures $263M Refi After Special Servicing
Fortress Investment Group has rescued Al Rayyan Tourism Investment Company (ARTIC)’s St. Regis Bal Harbour Resort out of special servicing, supplying a $263 million loan to refinance the oceanfront pr
Summary
Fortress Investment Group has rescued Al Rayyan Tourism Investment Company (ARTIC)’s St.
Regis Bal Harbour Resort out of special servicing, supplying a $263 million loan to refinance the oceanfront property.
The New York-based lender assumed $188 million in existing debt and added $70 million in new debt backing the 213-room property in Bal Harbour, Fla., […]
Source
- Commercial Observercommercialobserver.com
