Capstone Equities And Republic Investment Company Secure $20.07M Refinance Loan For The Renwick Hotel

The property asset involved in the transaction is a hotel located at 118 East 40th Street within the Manhattan market. The asset spans a total of 74,640 square feet and includes 173 keys. The transaction has a loan amount of $20,065,000 for refinancing purposes.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $20,065,000
• Address: 118 East 40th Street
• Market: Manhattan
• Square Footage: 74,640
• Number of Keys: 173
• Lender: Live Oak Bank
• Landlord: Capstone Equities - Joshua Zamir
• Landlord: Republic Investment Company - Evan Nehmadi & Aaron Nehmadi
• Landlord's Representative: Jonathan Aghravi, Luke Lopez & Noam Katz - JBA Equities

Key individuals and companies involved in the transaction include Joshua Zamir representing Capstone Equities and Evan Nehmadi and Aaron Nehmadi representing Republic Investment Company. The landlord's representatives in this deal are Jonathan Aghravi, Luke Lopez, and Noam Katz, all from JBA Equities.