Cain International
Loan Size
€120M ($134M)
Sponsor
Arsenale Group
Asset Class
Hotel
Size
151,000 sq. ft.
In May 2019, Cain International provided a €120M construction bond to Arsenale Group, the real estate company of the Barletta family and Nicola Bulgari who is Vice chairman of the luxury jeweller Bulgari Group, for the development of two assets:
Soho House Rome: a building comprising a 32-room hotel, 40 serviced apartments and 2 restaurants, leased to Soho House;
Hotel Venice: Palazzo Dona’ Giovannelli, a 14th century building to be converted into a 46-room hotel to be managed by Accor under their luxury brand “Orient Express”.
The loan was refinanced in April 2022.
