Affiliates of Apollo Global Management Inc. have funded a $56.5 million mortgage against L'Ermitage Beverly Hills, a 116-suite hotel in Beverly Hills, Calif., that was acquired for $100 million by EOS Investors LLC. The loan has a five-year term and pays ...
The buyer lined up $52 million in acquisition financing, from Mesa West Capital, for the purchase.
91 percent leased.
85 percent occupied. The property's purchase was financed with a $77.5 million mortgage with a two-year term and coupon pegged to Libor plus 155 basis points.