Matthew Lembo & Ryan Jackson Of Stellar Management Secure $77.5 Million Refinance For Hotel In Upper West Side
666 West End Avenue
$77,500,000
Building Size
—
Asset Type
—
Closing
May 1, 2026
About this deal
AI
The transaction involves a 279,316-square-foot hotel property located at 666 West End Avenue in the Upper West Side market. Stellar Management has secured a refinancing loan in the amount of $77,500,000 for this property.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $77,500,000
- Lender: Nuveen
- Landlord: Matthew Lembo & Ryan Jackson - Stellar Management
- Loan Type: Refinance
Matthew Lembo and Ryan Jackson are the key individuals representing Stellar Management in this refinancing agreement with Nuveen for the hotel at 666 West End Avenue.
On the Map
$77,500,000
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Players
West End CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93