X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-After RFR Realty bought out the Paramount Hotel for $275 million earlier in the fall, the US real estate arm of Investcorp has snatched up the mezzanine debt on the property from San Francisco-based Fillmore Capital Partners, the company announced Monday morning. Under the deal, Investcorp purchased two existing mezzanine loans with a principal balance of $40 million from Fillmore, who was an existing lender for the Paramount at the time of RFR’s purchase of the hotel.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.