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New York & Tri-State  + Outer  + Finance  |  January 23, 2024
Emily Fu
By: Emily Fu

Slate Lends $59M Refi to Ohana for BK Hotel  

Slate Real Estate Capital, the private credit arm of Slate Asset Management, has closed a $59 million senior loan facility for Ohana Real Estate Investors.  

The funds will be used to refinance The Tillary Hotel and Residences in Brooklyn, New York. The Tillary is a 12-story property featuring a 174-room hotel and a 64-unit multifamily residential component. Ohana is a vertically integrated investment firm focuses on its equity and debt investments in the hospitality and residential sectors.  

Mark Fisher and Barnett Wu of JLL represented the borrower for the transaction. 

Read More News Stories About: JLL
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Inside The Story

Mark Fisher

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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