Property Name

Ace Hotel Brooklyn

Location

Brooklyn, NY

Investment Summary

DoveHill, in a strategic partnership with a major debt fund, purchased a senior note on the brand new Ace Hotel in Brooklyn New York. The Hotel, a 13-story, 287-key full service hotel, designed by famous firm Roman and Williams, opened its doors July 2021. Ideally located in Boreum Hill, between Downtown Brooklyn and Park Slope, the property boasts a signature restaurant, three retail outlets, 6,000 square feet of event space. The event space located on the second floor will be a unique differentiator.