Anthony Rutledge Of HEI Hotels & Resorts Secures $240M Refinance From Smith Hill Capital For Hotel

The asset involved in this transaction is a hotel located at 214 East 42nd Street in Murray Hill, Manhattan. The property encompasses 517,158 square feet and is a notable hotel in the area.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $240,000,000
• Lender: Smith Hill Capital
• Landlord: Anthony Rutledge - HEI Hotels & Resorts
• Loan Type: Refinance

This transaction involved HEI Hotels & Resorts securing a refinance agreement with Smith Hill Capital specifically for the Westin New York Grand Central. The closing date of this transaction was noted as September 26, 2025.