Hotel - New York
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Manhattan Luxury Hotel Gets $31M Refi
Madison Realty Capital originated the loan for the 81-key GEM Hotel in Chelsea. The sponsor acquired the property, which previously served as a residential building, in 2007.
18 March 2019 07:56 -
TF Cornerstone, MSD Partners to Redevelop Grand Hyatt NY
The companies are planning to demolish and redevelop the massive hotel adjacent to Grand Central Terminal and replace it with a 2 million-square-foot mixed-use destination.
12 February 2019 12:26 -
Bridgeton Holdings Lands $57M Loan for NYC Hotel
The 171-key Walker Hotel Tribeca will be the investment firm’s second Walker hotel in New York City, following a Greenwich Village location.
08 October 2018 12:37 -
Host Hotels & Resorts Announces Two Major NYC Sales
The company sold the New York Marriott Marquis retail, theater and signage in a $442 million deal, as well as the W New York – Union Square, in a separate transaction.
26 September 2018 12:30 -
Manhattan Holiday Inn Lands $137M Loan
Mission Capital Advisors worked on behalf of Golden Seahorse to arrange the refinancing of the 492-key property, which also marks the brand’s tallest hotel in the world.
24 September 2018 16:19 -
Ground Breaks on $500M Ritz-Carlton in NYC
Marriott International and Flag Luxury Group have teamed up to develop the 250-key property in Manhattan’s increasingly popular NoMad neighborhood, adding guest accommodations and branded residences to the market.
06 September 2018 12:05 -
ARTIC Refinances 3 Luxury Hotels for $503M
The Qatari investor engaged HFF to source separate loans for the properties in New York, Miami and Washington, D.C. Mack Real Estate Credit Strategies was the lender on each deal.
20 August 2018 13:30 -
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
02 August 2018 09:58 -
New Ritz-Carlton to Call Manhattan Home
Atalaya Capital closed $315 million in financing for Flag Luxury Group’s construction of the NoMad hotel, which is slated for a 2021 delivery.
19 July 2018 08:52 -
Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan's Far West Side.
13 June 2018 10:14 -
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company's first acquisition in a major city.
12 June 2018 09:41 -
AC Hotel Opens in Midtown Manhattan
The 290-key Marriott property located near Times Square is the company’s first AC Hotel in New York City.
30 April 2018 14:38 -
$300M Margaritaville Resort Coming to NYC
Scheduled to debut in 2020, the 234-key Margaritaville Resort Times Square is being developed by a partnership including Soho Properties and MHP Real Estate Services.
26 April 2018 11:09 -
Hilton Opens New Embassy Suites in NJ
Embassy Suites by Hilton Berkeley Heights features 176 guestrooms and is located within 15 miles of Newark Liberty International Airport.
23 April 2018 13:21 -
Lightstone Buys Queens Hilton Garden Inn
The 183-key hotel was completed in 2015 and is LEED Certified. The acquisition will be a joint venture between the company's REIT II and REIT III.
11 April 2018 12:07