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National  + Louisiana  + Hospitality  |  August 15, 2019
David Cohen
By: David Cohen

Sonnenblick-Eichner Secures $46M Refinancing for French Quarter Hotel in Nola

Beverly Hills-based real estate investment banking firm Sonnenblick-Eichner Co. arranged a $46-million loan to refinance the Maison Dupuy, a five-story, 200-room boutique hotel in downtown New Orleans’ French Quarter.

Located two blocks off Bourbon Street at the corner of Toulouse Street and Burgundy Street, the hotel features an oversized 4,088-square-foot interior courtyard, an outdoor heated swimming pool, a fitness center, business center and 4,173 square feet of meeting and banquet space, as well as the highly-rated Bistreaux Restaurant and Bar.

Proceeds from the five-year non-recourse LIBOR-based loan will be utilized to pay off the existing indebtedness and provide funds for the renovation of the property. The lender and borrower were undisclosed.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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  1. Pingback: Sonnenblick-Eichner Secures $46M Refinancing for French Quarter Hotel in Nola – RE / MAX Commercial NOLA
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