Kam Sang Secures $155 Million Acquisition Loan For Hotel On Madison Avenue In Manhattan
5 Madison Avenue
$155,000,000
Building Size
—
Asset Type
Hotel
Closing
Oct 19, 2025
About this deal
AI
The asset involved in this transaction is a hotel located at 5 Madison Avenue in Manhattan, featuring 271 keys. The total amount of the acquisition loan is $155,000,000, facilitated by Hudson Bay Capital.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $155,000,000
- Lender: Hudson Bay Capital
- Landlord: Kam Sang
- Landlord's Representative: Rob Turner & Adam Licari - Eastdil Secured
- Date of Transaction: 10/19/2025
Rob Turner and Adam Licari represent the landlord in this transaction through their agency, Eastdil Secured. Their involvement reflects the professional brokerage services typically engaged in significant property acquisitions.
On the Map
$155,000,000
Hotel
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Players
New York Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93