May 29, 2026
Deal Closed! $23.3m Towards the Refinance of a Mixed-Use Asset in Ithaca, NY.

Stabilis is pleased to announce the closing of a $23,300,000 senior-secured bridge loan for the refinance of a mixed-use asset in Ithaca, NY.

Stabilis funded an experienced borrower looking to refinance the existing debt on a mixed-use asset, comprised of a 104-key Hilton-branded hotel and 102k SF of retail/commercial space. The property benefits from strong in-place cash flow, proximity to Cornell University, and is considered to be a premium offering in the market. Stabilis was able to provide certainty of financing.

Contact: Joe Podesta, 212-256-8979, josephpodesta@stabiliscap.com