In partnership with a prominent New York brokerage firm, Belrad arranged for the sale of this 96,000 sq. ft. retail property in Hawaii to one of their high-net-worth clients. Together we structured, negotiated, and placed the $130 million senior acquisition debt financing for the purchase.
Belrad represented both the seller and buyer in the sale and acquisition of a 350-room hotel on Kauai, Hawaii, as well as arranging the $7.5 million in bridge/mezzanine capital needed to facilitate the closing. After closing we provided asset management services to the mezzanine lender. The mezzanine loan has since been paid off in full.
The institutional owner of a 216-room beachfront hotel on Kauai retained Belrad to create a disposition process to sell the asset. We retained the listing broker, oversaw, and fully negotiated the sale of the property.