facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Hotel

/

Loan

/

525 Greenwich Street

BridgeInvest Provides $52M Refinance Loan For Hotel At 525 Greenwich Street Manhattan
FINANCEDHotel

BridgeInvest Provides $52M Refinance Loan For Hotel At 525 Greenwich Street Manhattan

525 Greenwich Street

$52,000,000

$870/SF

Building Size

59,720 SF

Asset Type

Hotel

Closing

Jun 8, 2025

AI

The asset involved in this transaction is a hotel located at 525 Greenwich Street in the Hudson Square market of Manhattan, featuring 122 keys.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $52,000,000
  • Loan Type: Refinance
  • Lender: BridgeInvest
  • Loan Representatives: Alex Horn, Jon Gitman & Brian Horner
  • Landlord's Representative: Jonathan Aghravi - JBA Equities & Noam Katz

This financing arrangement underscores the involvement of key representatives in the deal, with Jonathan Aghravi and Noam Katz providing representation for the landlord, while the lending side is led by Alex Horn, Jon Gitman, and Brian Horner from BridgeInvest.

Players

Jonathan Aghravi

JBA Equities

Broker

$1.6B

vol

49 deals

Broker
JBA Equities
JBA EquitiesBrokerage
BridgeInvest
BridgeInvestLender

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

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93