iBorrow and Rueben Brothers Provide Financing for the Standard Hotel
WEST HOLLYWOOD, California—iBorrow announced that it has provided financing to Ian Schrager and Ed Scheetz to enable their acquisition of a 139-key hotel property formerly known as the Standard Hotel in West Hollywood, California. The $86.7 million loan was funded through a co-lending partnership between iBorrow and Reuben Brothers. “We’ve observed that the hospitality sector has experienced increasing demand in gateway cities, including Los Angeles, and we are confident in the ability of this successful […]
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