Daily limit: 0/10
Jonathan Martin Of AEW Capital Management Secures $50 Million Loan For H3 Hotel In Midtown East
FINANCED
$50,000,000
New York
See Similar DealsHotel114,500 SF
Financed 04/09/2026
FINANCED
Jonathan Martin Of AEW Capital Management Secures $50 Million Loan For H3 Hotel In Midtown East
144 East 48th Street
See Similar DealsHotel114,500 SF
Financed 04/09/2026
Summary
NEW YORK
Asset Type:Hotel
Price Per Square Foot:$436
Total Square Footage:114,500 SF
Transaction Type:Loan
The asset involved in this transaction is a hotel located at 144 East 48th Street in Midtown East, Manhattan. The property has a total square footage of 114,500 and is under the management of AEW Capital Management.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $50,000,000
- Lender: BMO Harris Bank
- Landlord: Jonathan Martin - AEW Capital Management
- Closing Date: April 9, 2026
- Recording Date: April 10, 2026
Jonathan Martin, representing AEW Capital Management through E 48th Hotel Operator LLC, facilitated the loan agreement with BMO Bank for the H3 hotel, marking a significant financial arrangement in the Midtown East market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$50,000,000.00
Monthly NOI$333,333.33
Monthly Debt Service$316,034.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions