Sonnenblick-Eichner Company Arranges Loan to Refinance Hotel Nia, Autograph Collection

LOS ANGELES, California—Sonnenblick-Eichner Company announced that it has arranged $110 million in first mortgage debt for Independence Menlo Hotel Owner LLC to refinance Hotel Nia, Autograph Collection, in Menlo Park, California.  The non-recourse, floating-rate, interim five-year loan was funded by a private real estate credit investment manager. Hotel Nia is an 11-story, 250-room, full-service luxury hotel branded as an Autograph Collection by Marriott. Located in the Menlo Gateway master-plan development, the hotel is less than one mile from Meta Platforms’ corporate headquarters. Completed in 2018, the hotel offers approximately 10,046 square feet of indoor meeting and banquet space and 5,299 square feet of pre-function and outdoor event space. The hotel includes the Porta Blu Restaurant & […]

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