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Hamilton Locke Advises Moelis Australia on Acquisition Financing for Courthouse and Kinselas Hotels

Hamilton Locke acted for Moelis Australia on the senior secured financing, comprising a cash advance term facility and a revolving facility, raised to fund the acquisition of the real estate freehold and operating business of the Courthouse and Kinselas Hotels.

The development of the two adjoining properties will create a hospitality precinct at Taylor Square with a view to revitalise Sydney’s nightlife and growing creative industries.

Commenting on the transaction, Zina Edwards said: “It was a pleasure working with the Moelis team on a transaction involving the revival of these quality assets”. 

The team at Hamilton Locke was led by partner Zina Edwards and assisted by special counsel Lauren Cloete and lawyer Alex McCullagh.