Finance Deals of the Week: Nothing Under $100M

The top five financing deals from March 25 to March 29

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It’s been a big week for financings with none of the top five falling below $100 million. The top spot was claimed by Oaktree Capital Management and Clearview Hotel Capital who secured $229 million of commercial mortgage-backed securities debt to refinance their Hilton property in Washington, D.C. That was followed by R&V Management and Trammell Crow Residential scoring a $200 million refinancing for a 600-unit multifamily development in Long Beach, Calif.

Loan Amount Lender Borrower Address Asset Broker
$229 million Morgan Stanley Oaktree Capital Management and Clearview Hotel Capital 1919 Connecticut Avenue; Washington, D.C. Hotel CBRE's Tom Traynor, Tom Rugg and Lawrence Britvan
$200 million Kennedy Wilson R&V Management and Trammel Crow Residential Alexan West End; Long Beach, Calif. Residential CBRE's Bill Chiles, Scott Peterson, Morgan Frase, Tom Traynor and Adam Spengler
$172 million Bank OZK Turnberry One Park Tower; Miami Residential Berkadia's Alec Fox, Mitch Sinberg, Brad Williamson and Matt Robbins
$134 million Santander Bank and Related Fund Management Hudson Companies 975 Nostrand Avenue; Brooklyn Residential Cushman & Wakefield's Gideon Gil, Zachary Kraft and Sebastian Sanchez
$133 million BHI Kolter Group The Dillon; Atlanta Residential N/A

Finance Deals of the Week reflects deals closed or announced from March 25 to March 29. Information on financings can be sent to editorial@commercialobserver.com.