Projects

Dream Hollywood

In March 2023, a joint-venture between LCP and Safanad, a real estate and private equity investment firm, made a $33,300,000 senior loan to the Dream Hollywood, the proceeds of which were used to refinance existing debt on the asset and fund reserves.

Dream Hollywood is one block from the intersection of Cahuenga Boulevard and the famed Hollywood Boulevard in Hollywood, Los Angeles. The property is Dream Hotels’ west coast flagship, with F&B outlets leased to the world-renowned TAO Group. The three award-winning and trendy dining and nightlife venues include TAO, Beauty & Essex, the Highlight Room, and 3,000 SF of meeting and event space.