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4/23/26
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Cedarbrook Lodge, a 167-room full-service hotel located on seven acres of restored wetlands less than two miles east of Seattle-Tacoma International Airport, was refinanced with a new first mortgage loan for $24 mil.
Cedarbrook Lodge, ranked No. 1 of 38 hotels in SeaTac on TripAdvisor and No. 10 Best in the West by Travel and Leisure. Amenities include more than 17k sf of state-of-the-art meeting space, a 1.6k sf fitness center, and the 3k sf “The Spa at Cedarbrook Lodge,” the only luxury, full-service destination spa in south Seattle. The Hotel also includes the full-service Copperleaf Restaurant & Bar, which is ranked No.1 of 67 SeaTac restaurants on TripAdvisor.
The new financing was arranged by Sonnenblick-Eichner Company. The loan refinanced a long-term fixed-rate loan that the company had previously arranged for the borrower. According to Elliot Eichner, a Principal at Sonnenblick-Eichner Company, the firm generated multiple financing bids from a variety of lenders and ultimately settled on a private funding source for the certainty of execution and structural flexibility associated with their loan.
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