FINANCED
Arden Group Provides $224M UCC Foreclosure Loan For Midtown Manhattan Hotel
560 7th Avenue
Hotel
Financed 202 days ago
Summary
Loan
NEW YORK
Hotel
The hotel located at 560 7th Avenue in Midtown Manhattan has recently undergone a transaction. The property is owned by Soho Properties, represented by Sharif El-Gamal, and the lender involved in the deal is Arden Group, represented by Craig Spencer. The loan amount for this transaction is $224,000,000, and it falls under the category of UCC Foreclosure.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $224,000,000
- Address: 560 7th Avenue
- Market: Midtown Manhattan
In addition to the key individuals mentioned above, various brokers were also involved in this transaction. The brokers representing Soho Properties were Jordan Roeschlaub, Dustin Stolly, Nick Scribani, Adam Spies, Adam Etra, and Brock Cannon from Newmark.
Players
All
8
Agents
6
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Dustin Stolly, Nick Scribani, Jordan Roeschlaub, Craig Spencer, Sharif El-Gamal, Adam Etra, Adam Spies & Brock Cannon
DATE: 10/16/2023
ADDRESS: 560 7th Avenue
MARKET: Midtown Manhattan
ASSET TYPE: Hotel
LENDER: Arden Group - Craig Spencer
LANDLORD: Soho Properties (@SohoProp) - Sharif El-Gamal (@MeetSharif)
BROKERS: Jordan Roeschlaub (@JordyRoeschlaub), Dustin Stolly, Nick Scribani (@ScribSays), Adam Spies, Adam Etra & Brock Cannon - Newmark (@Newmark)
LOAN AMOUNT: $224,000,000
LOAN TYPE: UCC ForeclosureView on map
Loading...
Address560 7th Avenue
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want