FINANCED
BD Hotels Secures $34.5M Refinance Loan From Metropolitan Commercial Bank For Hotel Elysee
56 East 54th Street
Hotel
65,452 SF
65,452 SF
Financed 269 days ago
Summary
Loan
NEW YORK
Hotel
65,452 sqft
The Hotel Elysee building, located at 56 East 54th Street in Midtown East, Manhattan, has secured a refinancing loan of $34.5 million from Metropolitan Commercial Bank. The loan was obtained by BD Hotels, represented by the entity Elysee Hotel, LLC.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $34,500,000
- Address: 56 East 54th Street
- Market: Midtown East, Manhattan
- Asset Type: Hotel
- Square Footage: 65,452 SF
- Lender: Metropolitan Commercial Bank
- Lender Representative: Dennis Graham
- Landlord: BD Hotels
- Landlord Representative: Richard Born
Dennis Graham, representing Metropolitan Commercial Bank, provided the refinancing loan to BD Hotels for the Hotel Elysee building. Richard Born, on behalf of BD Hotels, spearheaded the refinancing deal.
Players
Details
FINANCED
IMAGE: Richard Born
DATE: 08/11/2023
ADDRESS: 56 East 54th Street
MARKET: Midtown East, Manhattan
ASSET TYPE: Hotel ~ SF: 65,452
LENDER: Metropolitan Commercial Bank (@MCBankNY) - Dennis Graham
LANDLORD: BD Hotels - Richard Born
LOAN AMOUNT: $34,500,000
LOAN TYPE: Refinance
NOTE: BD Hotels, represented by the entity Elysee Hotel, LLC, has secured a refinancing loan of $34.5 million from Metropolitan Commercial Bank for the Hotel Elysee building located at 56 East 54th Street in Midtown East, Manhattan.View on map
Loading...
Address56 East 54th Street
Comparables
Reset filters to show results.