A century-old Upper East Side hotel is the beneficiary of Blue Owl Capital’s capacity to lend. Kensico Properties’ Lowell Hotel at 28 East 63rd Street landed $106 million to refinance previous debt, the Commercial Observer reported. The senior loan was arranged on behalf of ownership by CBRE’s Matthew Klauer. The 17-story, 74-key boutique hotel is one of the more storied hospitality properties in the city, opening back in 1927; Kensico acquired it in 1984. Many of the guest rooms and suites feature private terraces, while bars such as the Club Room and Pembroke Room bring elegance and class to the […]

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