MRC arranges $16M deal for McSam in Long Island City
Madison Realty Capital (MRC) provided a $16.50 million acquisition and construction financing package collateralized by a partially-constructed hotel development in Long Island City, Queens. The
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Sam Chang lands $121M loan for 45-story Chelsea hotel
Eastern Consolidated’s Capital Advisory Division has arranged a debt and equity package totaling $121.35 million to finance the construction of a 45-story, 526-key hotel at
With new EVEN project, Kaufman now involved in 10% of NYC’s hotel supply
Architect Gene Kaufman has been called everything from the “baron of bland” to “the face of architectural evil.” However, while the press continues to come
McSam gets custom deal on mezz loan for West Side hotel
Pembrook Capital Management LLC, a commercial real estate investment manager, has closed on a $25.8 million mezzanine loan with a first mortgage conversion feature, to