Mack Real Estate Credit Strategies Provides $185M Construction Loan For Midtown Hotel | 250 West 43rd Street | Mack Real Estate Group | Adi Chugh | Hotel | Loan

Summary

Loan

NEW YORK

Hotel

238,818 sqft

The hotel property located at 250 West 43rd Street in Midtown was recently involved in a closed transaction. The property consists of 570 keys and was the subject of a construction loan.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $185,000,000
Address: 250 West 43rd Street
Market: Midtown

Adi Chugh and Joseph Chetrit were the key individuals involved in this transaction. Adi Chugh, representing Surya Capital Partners, acted as the broker in the deal. Joseph Chetrit, from The Chetrit Group, served as the landlord. The lender for the construction loan was Mack Real Estate Credit Strategies.

Players

All
2

Agents
1
Lenders
1

Adi Chugh

Founder and President

Mack Real Estate Group

Details

Deal Summary

FINANCED

IMAGE: Adi Chugh & Joseph Chetrit DATE: 08/02/2022 ADDRESS: 250 West 43rd Street MARKET: Midtown ASSET TYPE: Hotel ~ KEYS: 570 LENDER: Mack Real Estate Credit Strategies LANDLORD: The Chetrit Group - Joseph Chetrit BROKER: Adi Chugh - Surya Capital Partners LOAN AMOUNT: $185,000,000 LOAN TYPE: Construction

View on map

Address250 West 43rd Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want