GHH Holdings provided the debt
Sant Singh Chatwal’s Dream Hotel Group has secured $100 million from GHH Holdings to refinance 355 West 16th Street. The 314-key hotel is located in Chelsea.
Financing Details: The new debt consolidates and replaces the $128 million loan GHH provided last year, according to the CO.
Dig Deeper: GHH Holdings is controlled by Sheikh Hamad bin Jassim bin Jaber Al Thani. The former Prime Minister of Qatar is no stranger to big deals in the city. He served as Harry Macklowe‘s equity partner for 1 Wall Street, and was heavily involved in Qatar’s acquisition of the Plaza Hotel.