Arnold & Porter Kaye Scholer Refinances Chelsea Hotel With $112.5M Loan

The hotel building (H2) at 140 West 28th Street in Chelsea, Manhattan, with a total square footage of 217,166, was involved in a $112.5 million refinance loan transaction. The landlord of this asset is Gregory Weingar from Arnold & Porter Kaye Scholer.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $112,500,000
• Address: 140 West 28th Street
• Market: Chelsea, Manhattan
• Lender: Nolen Taylor - KSL Capital Partners
• Landlord: Gregory Weingar - Arnold & Porter Kaye Scholer
• Loan Type: Refinance

Arnold & Porter Kaye Scholer, represented by Ny 28th Street LLC, secured the $112.5 million refinance loan from lender KSL Capital Partners, through its entity Lipan Investments, LLC, for the hotel building at 140 West 28th Street in Chelsea, Manhattan.