The lender to a trendy Brooklyn hotel is looking to offload an $80 million mortgage as the hospitality sector craters — and it’s the type of deal distressed-debt investors have been waiting for
The owner of nearly $80 million of debt tied to a struggling Brooklyn hotel has begun marketing the loans for sale in one of the first signs that lenders may seek to cut their exposure to the hospitality industry as it’s battered by the coronavirus pandemic.
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