The IFC is proposing a senior loan package of up to $160 million to Kasada Hospitality Fund LP for its first phase capital deployment, which targets the establishment of a portfolio of up to 20 hotels (estimated 4,000 hotel keys) requiring a total investment (debt and equity) of approximately $400 million.
Share this post
Kasada Hospitality Fund in line for IFC loan
Share this post
The IFC is proposing a senior loan package of up to $160 million to Kasada Hospitality Fund LP for its first phase capital deployment, which targets the establishment of a portfolio of up to 20 hotels (estimated 4,000 hotel keys) requiring a total investment (debt and equity) of approximately $400 million.