Real Estate Rumors: Blackstone, Generator Hostels, Kamber

By Andrew McIntyre (August 16, 2017, 5:18 PM EDT) -- The Blackstone Group LP has scored an $87 million loan from Deutsche Bank for four Motel 6 properties in South Florida, The Real Deal reported on Wednesday. The financing is for 1801 State Road 84 in Fort Lauderdale, 825 East Dania Beach Blvd. in Dania Beach, 1201 N.W. 31st Ave. in Pompano Beach and 5645 University Drive in Coral Springs, according to the report. The Coral Springs motel has 124 keys; the Pompano property 126 keys; the Dania Beach motel, the largest of the four, has 163 keys; and the Fort Lauderdale property has 106 rooms, The Real Deal said....

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