Lexin Capital Refinances Hotel On 6th Avenue In New York City For $47M

The hotel located at 815 6th Avenue in New York City has recently undergone a refinancing transaction. The property, owned by Lexin Capital, has a total square footage of 90,500. The refinancing deal was facilitated by Beau Williams and Mike McGuire from Cronheim Hotel Capital. The loan amount for this transaction was $47,000,000 and it is a 5-year fixed rate loan.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $47,000,000
• Address: 815 6th Avenue, New York City
• Market: New York City
• Landlord: Lexin Capital
• Brokers: Beau Williams & Mike McGuire - Cronheim Hotel Capital
• Loan Type: Refinance
• Loan Terms: 5-year Fixed rate

Beau Williams and Mike McGuire from Cronheim Hotel Capital played pivotal roles in this refinancing transaction for the hotel at 815 6th Avenue. They represented the borrower and successfully secured a 5-year fixed rate loan amounting to $47,000,000. Their expertise and negotiation skills ensured a favorable outcome for their client.