The transaction involves the refinancing of two hotel properties located at 310 West Broadway, Soho Grand Hotel, and 2 Avenue of the Americas, The Roxy Hotel, situated in the Tribeca market. The assets encompass a total square footage of 292,000 and consist of 548 keys, indicating the number of hotel rooms available. The loan amount for this refinancing transaction is $230,000,000, facilitated by JP Morgan Chase as the lender.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $230,000,000
• Location: 310 West Broadway, Soho Grand Hotel & 2 Avenue of the Americas, The Roxy Hotel
• Market: Tribeca
• Square Footage: 292,000
• Keys: 548
• Lender: JP Morgan Chase
• Landlord: Hartz Mountain Industries
• Brokers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz & Jordan Casella - Walker & Dunlop
• Loan Type: Refinance

The deal was represented by a team of brokers from Walker & Dunlop, which includes Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, and Jordan Casella. Their involvement highlighted the collaborative effort from these professionals in facilitating this significant refinancing arrangement within the hotel sector.