Daily limit: 0/10
Bridgeton Holdings Secures $62M Refinance From Riyad Bank For Greenwich Village Properties
FINANCED
$62,000,000
New York
See Similar DealsHotel
Financed 11/17/2025
FINANCED
Bridgeton Holdings Secures $62M Refinance From Riyad Bank For Greenwich Village Properties
50 West 13th Street & 54 West 13th Street
See Similar DealsHotel
Financed 11/17/2025
Summary
NEW YORK
Asset Type:Hotel
Transaction Type:Loan
Bridgeton Holdings has secured a refinance loan for two properties located at 50 West 13th Street and 54 West 13th Street in Greenwich Village, Manhattan. The total loan amount is $62,000,000, with a price of $1,242 per built square foot. The transaction closed on November 17, 2025, and it replaces an existing loan of $48.8 million from Series 2016-4.
Summary of transaction details:
- Property Type: Hotel & Mixed-Use
- Transaction Amount: $62,000,000
- Address: 50 West 13th Street & 54 West 13th Street
- Market: Greenwich Village, Manhattan
- Lender: Riyad Bank
- Landlord: Atit Jariwala - Bridgeton Holdings
- Loan Type: Refinance
Atit Jariwala represents Bridgeton Holdings in this refinancing deal, which involves a hotel and a mixed-use building, supported by Riyad Bank as the lender for this transaction.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$62,000,000.00
Monthly NOI$413,333.33
Monthly Debt Service$391,882.17
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions