Sam Chang’s McSam Hotel Group Acquires 292 Fifth Avenue Hotel In Nomad For $76M

292 Fifth Avenue

Other

880,000 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Other

880,000 sqft

Sam Chang’s McSam Hotel Group has closed a transaction for a hotel located at 292 Fifth Avenue in the Nomad area of New York City. The property, measuring 88,000 square feet, was sold for a total amount of $76,000,000.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $76,000,000
Address: 292 Fifth Avenue
Market: Nomad

S3 Capital Partners provided the loan for this transaction, serving as the lender. Sam Chang, representing McSam Hotel Group, acted as the landlord/developer in the deal.

Players

All
1

Lenders
1

S3 Capital

Details

Deal Summary

FINANCED

IMAGE: Sam Chang DATE: 10/15/2018 ADDRESS: 292 Fifth Avenue MARKET: Nomad CITY: New York ASSET TYPE: hotel LENDER: S3 Capital Partners LANDLORD/DEVELOPER: Sam Chang’s McSam Hotel Group LOAN AMOUNT: $76,000,000 SF: 88,000

View on map

Address292 Fifth Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.