Hotel - New York
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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 -
Hyatt Adds $3B Atlantic City Resort to Unbound Collection
Scheduled to open this summer, the Ocean Resort Casino marks the rebirth of the trophy property originally known as the Revel.
04 April 2018 12:20 -
Lightstone Secures Financing for 3rd NYC Moxy Hotel
The company has received $91 million from the Bank of the Ozarks to build Moxy East Village, a 285-key hotel at 112-120 East 11th St.
26 March 2018 14:58 -
Moxy to Debut 2 NYC Hotels in 2018
The new locations, Moxy Downtown and Moxy Chelsea, will join Moxy Time Square, the first hotel that launched in September 2017.
22 March 2018 11:08 -
Hersha Sells Manhattan Hotel for $32M
The firm traded the 81-key Hampton Inn Financial District as part of its capital recycling program. Solid Rock Advisors advised Hersha on the sale.
16 March 2018 17:49 -
Lightstone’s Chelsea Moxy Hotel Tops Out
In partnership with Marriott, the company plans to open a total of four Moxy properties in New York City. The 349-key Chelsea hotel is slated for delivery this fall.
07 March 2018 14:44