Walker & Dunlop Secures $112.5 Million Refinance for Ace Hotel Brooklyn

Reuters

Jan 07

Walker & Dunlop Secures $112.5 Million Refinance for Ace Hotel Brooklyn

Walker & Dunlop, Inc. has secured a $112.5 million loan to refinance the Ace Hotel Brooklyn, a 287-room full-service hotel located at 252 Schermerhorn Street in Brooklyn, New York. The transaction was arranged by Walker & Dunlop Capital Markets Institutional Advisory on behalf of an affiliate of GFI Capital Resources Group, Inc. and Spruce Capital Partners. The leasehold bridge loan was provided by Torchlight Investors, with proceeds used to retire existing senior debt and preferred equity, as well as to cover closing and financing costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Walker & Dunlop Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260106694665) on January 06, 2026, and is solely responsible for the information contained therein.

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