Jasmin Patel Secures $28M Refinance Loan For Garment District Hotel | 48 West 36th Street | Dime Community Bank | Hotel | Loan

Summary

Loan

NEW YORK

Hotel

37,195 sqft

Jasmin Patel secured a refinancing loan valued at $28 million from Dime Community Bank for the hotel building located at 48 West 36th Street in Manhattan's Garment District. The property spans 37,195 square feet.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $28,000,000
Address: 48 West 36th Street
Market: Garment District, Manhattan
Lender: Dime Community Bank - Mario Colon
Landlord: Jasmin Patel

Mario Colon from Dime Community Bank served as the lender for the refinancing loan obtained by Jasmin Patel for the hotel at 48 West 36th Street. Jasmin Patel is the landlord of the property.

Players

All
1

Lenders
1

Dime Community Bank

Details

Deal Summary

FINANCED

IMAGE: 06/23/2023 ADDRESS: 48 West 36th Street MARKET: Garment District, Manhattan ASSET TYPE: Hotel ~ SF: 37,195 LENDER: Dime Community Bank - Mario Colon LANDLORD: Jasmin Patel LOAN AMOUNT: $28,000,000 LOAN TYPE: Refinance NOTE: Jasmin Patel secured a refinancing loan valued at $28 million from Dime Community Bank for the hotel building located at 48 West 36th Street in Manhattan's Garment District. The property spans 37,195 square feet.

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Address48 West 36th Street

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