Hotel - New York
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iStar Affiliate Closes $535M in Ground Leases
The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.
09 September 2019 21:31 -
Radisson Debuts Duo in Manhattan
The hotels are located in Midtown and the Financial District and house a combined 519 keys.
06 September 2019 13:07 -
MRECS Provides $199M Refi for Hudson Yards Hotel
The 399-key Courtyard by Marriott is on the verge of opening within Manhattan’s booming Far West Side neighborhood.
20 August 2019 11:53 -
Ravel Hotel in Long Island City Debuts Expansion
Steven Kratchman Architect P.C. spearheaded the multi-faceted transformation of the boutique hotel into a city landmark. The property is part of Wyndham's Trademark Collection.
07 August 2019 17:35 -
Chesapeake Agrees to Sell NYC Hotels for $138M
The two Hyatt-branded Manhattan properties are slated to change hands in September, prior to the trust’s prospective $2.7 billion merger with Park Hotels & Resorts Inc.
29 July 2019 11:30 -
Lightstone Lands $70M in EB-5 Funding for Manhattan Hotel
On track for a September opening, the property is the third Moxy-brand hotel in Manhattan developed by Lightstone in partnership with Marriott.
19 July 2019 12:10 -
Luxury Hotel Joins New Rochelle’s Renewal
The $64 million TRYP by Wyndham is part of the city’s 12 million-square-foot revitalization and will be the largest hotel built in Westchester County, N.Y., in two decades.
03 July 2019 12:04 -
Hilton Grand Vacations Expands NYC Portfolio
The 34-story commercial property will be acquired in two phases consisting of 161 units and a resort, set to open in 2020.
16 May 2019 16:22 -
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
02 May 2019 11:37 -
Flag Luxury Lands Equity Partner for $508M NYC Project
EB5 Capital made a $125 million investment in the 250-key Ritz-Carlton development, which is currently under construction in Manhattan’s NoMad area.
10 April 2019 09:32 -
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