facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Hotel

/

Loan

/

5 Madison Avenue

Kam Sang Secures $155 Million Acquisition Loan For Hotel On Madison Avenue In Manhattan
FINANCEDHotel

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

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.

Players

Rob Turner

Eastdil Secured

Broker

$12.1B

vol

30 deals

Broker
Hudson Bay Capital
Hudson Bay CapitalLender

New York Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

Loading comparables…

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