Gencom, Argent Financial Group & Highgate Acquire Hotel From Metlife & Tishman Speyer For $228M

The asset involved in this transaction is a hotel located at 300 West 44th Street in Manhattan. The sale price for this property was $228,000,000, and it encompasses 607 keys with a price per key of $375,617.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $228,000,000
• Buyer: Gencom, Argent Financial Group & Highgate
• Seller: Metlife & Tishman Speyer
• Advisors: Jeff Davis, Scott Ellman, Alyssa Kidd & Natasha Balkovic - Eastdil Secured

Key individuals behind the deal include the advisors from Eastdil Secured, namely Jeff Davis, Scott Ellman, Alyssa Kidd, and Natasha Balkovic, who facilitated the transaction between the buyer consortium and the sellers.