FINANCED
Meridian Capital Group Refinances New York Hotel For $44.5M
59 W. 46th Street / 56-60 W. 47th Street
Hotel
100,678 SF
100,678 SF
Financed 1 year ago
Summary
Loan
NATIONAL
Hotel
100,678 sqft
The recently closed transaction involved a hotel property located at 59 W. 46th Street & 56-60 W. 47th Street in New York. The hotel spans an area of approximately 100,678 square feet. The transaction was facilitated by Morris Betesh, Justin Boruchov, and Morris Dabbah of Meridian Capital Group.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $44,500,000
- Loan Type: Refinance
The deal was financed through a refinancing loan of $44,500,000. The loan allowed the property owner to restructure their existing debt.
Players
Details
FINANCED
IMAGE: Morris Betesh, Justin Boruchov & Morris Dabbah
DATE: 02/28/2023
ADDRESS: 59 W. 46th Street & 56-60 W. 47th Street
MARKET: New York
ASSET TYPE: Hotel ~ SF: 100,678
BROKERS: Morris Betesh, Justin Boruchov & Morris Dabbah - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $44,500,000
LOAN TYPE: RefinanceView on map
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Address59 W. 46th Street / 56-60 W. 47th Street
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