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2702 Main St., Gardiner, Ny...

Updated May 1, 2026

KSL Capital Partners Provides $95 Million Refinance For Wildflower Farms Hotel In Hudson Valley
FINANCEDHotel

KSL Capital Partners Provides $95 Million Refinance For Wildflower Farms Hotel In Hudson Valley

2702 Main St., Gardiner, Ny, 12525

$95,000,000

Building Size

—

Asset Type

Hotel

Closing

Apr 13, 2026

About this deal

AI

The asset involved in this transaction is the Wildflower Farms, part of the Auberge Collection, situated at 2702 Main Street in the Hudson Valley market. This hotel features 65 keys and was subject to a loan amounting to $95,000,000, which is categorized as a refinance.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $95,000,000
  • Lender: KSL Capital Partners
  • Sponsor: Phillip Rapoport, Kristin Rapoport & Zach Kleinhandler - SY Holdings
  • Landlord's Representative: Adam Licari, Rob Turner & Michael Smilove - Eastdil Secured

The key individuals involved in this transaction include the lender KSL Capital Partners and the sponsor group SY Holdings, represented by Phillip Rapoport, Kristin Rapoport, and Zach Kleinhandler. The transaction was facilitated by the landlord's representatives from Eastdil Secured, consisting of Adam Licari, Rob Turner, and Michael Smilove.

On the Map

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$95,000,000

Hotel

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Players

Rob Turner

Eastdil Secured Savills

Broker

$12.5B

vol

32 deals

Broker
KSL Capital Partners
KSL Capital PartnersLender
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Gardiner Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.17%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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