[New post] Oxford Capital Buys Detroit Hotel, Assumes CMBS Debt

Dan Moynihan posted: "An affiliate of Oxford Capital Group LLC has bought the 453-room Westin Book Cadillac hotel in downtown Detroit. The sales price was not disclosed. An affiliate of the Ferchill Group of Cleveland was the seller. As part of its purchase, Oxford Capit" New post on Commercial Real Estate Direct Oxford Capital Buys Detroit Hotel, Assumes CMBS Debt by Dan Moynihan An affiliate of Oxford Capital Group LLC has bought the 453-room Westin Book Cadillac hotel in downtown Detroit. The sales price was not disclosed. An affiliate of the Ferchill Group of Cleveland was the seller. As part of its purchase, Oxford Capital will assume the property's $77 million of CMBS debt, according to a report […] Read more of this post Dan Moynihan | October 4, 2021 at 11:56 am | Categories: Midwest | URL: https://wp.me/pcdE10-2iXJ Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/10/04/oxford-capital-buys-detroit-hotel-assumes-cmbs-debt/