Moin Development: Mondrian Park Avenue Scores $135M Financing From KeyBank, Fidelis

David Moinian's Moin Development has locked in $135 million in financing from KeyBank and Fidelis Asset Management backed by its 190-key NoMad hotel Mondrian Park Avenue, Commercial Observer can first report. The three-year debt package comprises a $110 million senior mortgage from KeyBank and $25 million in mezzanine debt from Fidelis. The financing package retires [...]