Amancio López Seijas Of Eurostars Hotel Company Acquires Hotel In Manhattan For $95M

The 107-key Chemists’ Club Hotel is located at 52 East 41st Street in Manhattan. This property was acquired by Eurostars Hotel Company from Azora for a total consideration of approximately $95 million, translating to around $888,000 per key. The asset serves as a hotel and is situated in a prime market area.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $95,000,000
• Keys: 107
• Price Per Key: $887,850
• Buyer: Amancio López Seijas - Eurostars Hotel Company
• Seller: Azora
• Broker: Eastdil Secured

Amancio López Seijas represented Eurostars Hotel Company in this acquisition, highlighting a strategic move to expand their portfolio. Eastdil Secured acted as the broker facilitating the transaction between the buyer and seller.