Home Finance Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
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Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing

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The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners after the Slatkin family failed to satisfy conditions required to extend the two-year loan, setting up a standoff between one of Southern California's most established hotel families and the trust that holds […]

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