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Standard Hotel

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AECFinanceHospitalityIndustry NewsLos Angeles

Schrager and Scheetz Land $116.5MM Bridge Refinance for 137-Room Public West Hollywood Hotel

The bridge package from Driftwood Capital and Benefit Street Partners retires a 2024 construction loan as Ian Schrager and Ed Scheetz push to...

Sunset Boulevard
FinanceHospitalityIndustry NewsLos Angeles

Ian Schrager’s 137-Key PUBLIC Hotel West Hollywood Lands $116.5MM Refi on the Sunset Strip

A Cushman & Wakefield team has arranged $116.5 million in bridge financing for hoteliers Ian Schrager and Ed Scheetz, retiring the 2024 acquisition...

Hollywood Hills with the Hollywood sign
FinanceHospitalityIndustry NewsLos Angeles

Hoteliers Secure $121MM Loan for Former Standard Hotel Redevelopment in West Hollywood

Hoteliers Ed Scheetz and Ian Schrager have successfully secured a $121 million construction loan to facilitate the redevelopment of the former Standard Hotel...

FinanceHospitalityIndustry NewsLos AngelesNews Releases

Ian Schrager Co. Pays $112.5MM for 139-Room Standard Hotel in West Hollywood

(EDITOR’S NOTE: According to public records, the property sold for $112.5 million, or about $809,352 per unit. The seller in the transaction was...

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