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Capstone Equities And Republic Investment Company Secure $36.5 Million Loan For Tribeca Hotel

Property Image
FINANCED
$36,000,000

New York

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Hotel
Financed 08/01/2025
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Property Image
FINANCED

Capstone Equities And Republic Investment Company Secure $36.5 Million Loan For Tribeca Hotel

85 West Broadway

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Hotel
Financed 08/01/2025
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Summary

NEW YORK
Asset Type:Hotel
Transaction Type:Loan

The asset involved in this transaction is a hotel located at 85 West Broadway in the Tribeca market of Manhattan. The property has 100 keys and the loan amount secured for its acquisition is $36,500,000.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $36,500,000
  • Lender: BH3 Management
  • Landlord: Capstone Equities - Joshua Zamir & Republic Investment Company - Evan Nehmadi & Aaron Nehmadi
  • Landlord's Representative: Jonathan Aghravi, Luke Lopez & Noam Katz - JBA Equities
  • Date of Transaction: 8/1/2025

This deal features key representatives from the landlord side including Joshua Zamir and Evan Nehmadi from Capstone Equities, along with Aaron Nehmadi from Republic Investment Company. The landlord's representatives are Jonathan Aghravi, Luke Lopez, and Noam Katz, all associated with JBA Equities, who played a role in facilitating the transaction.

Players

Jonathan Aghravi
48 deals$1.6B volume(212) 366-0364
BROKER

Noam Katz
12 deals$480.8M volume
BROKER

Luke Lopez
JBA Equities
3 deals$66.7M volume
BROKER

BH3 Management
LENDER



Details

FINANCED
IMAGE: Noam Katz, Joshua Zamir, Jonathan Aghravi, Evan Nehmadi, Luke Lopez & Aaron Nehmadi DATE: 8/1/2025 ADDRESS: 85 West Broadway MARKET: Tribeca, Manhattan ASSET TYPE: Hotel ~ KEYS: 100 LENDER: BH3 Management LANDLORD: Capstone Equities - Joshua Zamir & Republic Investment Company - Evan Nehmadi & Aaron Nehmadi LANDLORD'S REP: Jonathan Aghravi (@JonnyAghravi), Luke Lopez & Noam Katz (@TheNoamKatz) - JBA Equities (@JBAEquitiesLLC) LOAN AMOUNT: $36,500,000 LOAN TYPE: Acquisition

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$36,000,000.00

Monthly NOI$240,000.00
Monthly Debt Service$227,544.49
Change in Cash Flow$0.00
Refinance Proceeds$0.00