Sonnenblick-Eichner Company Arranges Loan to Refinance Cedarbrook Lodge
LOS ANGELES, California—Sonnenblick-Eichner Company announced that it has arranged $24 million in first mortgage debt to refinance the Cedarbrook Lodge in Seattle, Washington. The non-recourse floating-rate, interim five-year loan was funded by a private real estate debt fund. Cedarbrook Lodge is a 167-room, full-service boutique hotel located on seven acres of restored wetlands less than two miles east of Seattle-Tacoma International Airport. Amenities include more than 17,000 square feet of meeting space, a 1,600-square-foot fitness […]
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