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Debt & Equity

$31M refinancing for bustling ‘Chelsea Riviera’ hotel

Hotel Americano

Chesterfield Faring, Ltd. (CFL), serving as the exclusive financial advisor to an affiliate of Blackhouse Development, has recently structured the $31 million refinancing of the Hotel Americano.

Hotel Americano is located in the heart of the Chelsea Riviera between the Highline and the Hudson River at 518 West 27th Street.

Starchitect, Enrique Norten, designed the 56-room boutique hotel, which has a rooftop pool, two restaurants and three separate bars. The team representing Blackhouse Development was led by Jordan Roeschlaub along with Daniel Fromm and Jordan Shrier.

“Jordy and his team structured the most favorable financing package in the marketplace. This is not only a testament to the hotel’s extremely popular food and beverage venues, but also to West Chelsea becoming one of Manhattan’s most upcoming and trendy neighborhood,” commented Sean Ludwick, Managing Partner of Blackhouse.

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