MCR Secures $30M Refinance Loan For Royalton New York Hotel In Midtown West, Manhattan | 47 West 43rd Street | Maxim Capital Group | Hotel | Loan

Summary

Loan

NEW YORK

Hotel

103,750 sqft

The Royalton New York hotel building located at 47 West 43rd Street in Midtown West, Manhattan has secured a $30 million refinance loan from Maxim Capital Group. The hotel spans approximately 103,750 square feet and is owned by MCR, represented by William White.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $30,000,000
Address: 47 West 43rd Street
Market: Midtown West, Manhattan

Eric Chan from Maxim Capital Group acted as the lender in this refinance loan deal. William White, representing MCR, was the landlord in the transaction.

MCRopp New York Royal44 LLC, a subsidiary of MCR, obtained the $30 million loan from Maxim Capital Group to refinance the Royalton New York hotel. Located in Midtown West, Manhattan, the hotel is situated at 44 West 44th Street or 47 West 43rd Street.

Players

All
1

Lenders
1

Maxim Capital Group

Details

Deal Summary

FINANCED

IMAGE: William White DATE: 11/29/2023 ADDRESS: 47 West 43rd Street MARKET: Midtown West, Manhattan ASSET TYPE: Hotel ~ SF: 103,750 LENDER: Eric Chan - Maxim Capital Group (@MaximCapitalGroup) LANDLORD: William White - MCR LOAN AMOUNT: $30,000,000 LOAN TYPE: Refinance NOTE: MCR, through its entity MCRopp New York Royal44 LLC, secured a $30 million refinance loan from Maxim Capital Group for the Royalton New York hotel building in Midtown West, Manhattan, located at 44 West 44th Street or 47 West 43rd Street.

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Address47 West 43rd Street

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