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FINANCED

Blackstone's Jon Gray Provides $78.3M Acquisition Loan For Midtown Manhattan Hotel

714 7th Avenue

Hotel
clock iconFinanced 193 days ago
Dustin Stolly
Jordan (Jordy) Roeschlaub
Nick Scribani
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Summary

Loan
NEW YORK
Hotel

The property involved in this transaction is a hotel located at 714 7th Avenue in Midtown Manhattan. The loan amount for the acquisition of this hotel is $78,300,000.

Summary of transation details

The lender for this transaction is Jon Gray from Blackstone. The landlords involved in this deal are Neil Luthra from Newbond and Marc Rowan from Apollo Global Management. The brokers representing the parties in this deal are Dustin Stolly, Jordan Roeschlaub, and Nick Scribani from Newmark.

Players

  • All

    5

  • Agents

    3

  • Agencies

    1

  • Lenders

    1

Dustin Stolly's profile picture
Dustin Stolly
Newmark-image
Co-President, Debt & Structured Finance
$5.1B Sold
Jordan (Jordy) Roeschlaub's profile picture
Jordan (Jordy) Roeschlaub
Newmark-image
Co-President, Debt & Structured Finance
$4.8B Sold
Nick Scribani's profile picture
Nick Scribani
Newmark-image
Executive Managing Director
$3.2B Sold
Newmark's profile picture
Newmark
Newmark
Blackstone's profile picture
Blackstone
Blackstone

Details

Deal Summary
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FINANCED
IMAGE: Jordan Roeschlaub, Dustin Stolly, Neil Luthra, Nick Scribani, Marc Rowan & Jon Gray DATE: 10/20/2023 ADDRESS: 714 7th Avenue MARKET: Midtown Manhattan ASSET TYPE: Hotel LENDER: Jon Gray - Blackstone (@Blackstone) LANDLORD: Neil Luthra - Newbond & Marc Rowan - Apollo Global Management BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub) & Nick Scribani (@ScribSays) - Newmark (@Newmark) LOAN AMOUNT: $78,300,000 LOAN TYPE: Acquisition

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Address714 7th Avenue

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