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Brookfield’s Watermark Lodging Acquisition Financing Goes to CMBS Market

Bond Deal of $1.9 Billion To Help Provide Property Improvements at 16 Hotels
The Ritz-Carlton Bacara in Santa Barbara, California, is one of 24 hotel properties acquired by Brookfield Asset Management. (CoStar)
The Ritz-Carlton Bacara in Santa Barbara, California, is one of 24 hotel properties acquired by Brookfield Asset Management. (CoStar)
CoStar News
October 26, 2022 | 6:45 P.M.

Lenders backing Brookfield Asset Management’s $3.8 billion acquisition of Watermark Lodging Trust are bringing a huge portion of the loan to market through a new commercial mortgage-backed securities offering.

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