Bank OZK Provides Senior Construction Loan For 542-Key Hilton And Residence Inn In Queens

Two ground-up hotels totaling 542-keys have been involved in a closed property transaction in Queens (JFK airport submarket), New York. The address of these hotels is 144-02 135th Ave. One of the hotels will be a full-service Hilton, while the other will be a Residence Inn. Unfortunately, no additional information is available regarding the specific characteristics or market value of these hotels.

Summary of transaction details

• Property Type: 2 ground-up hotels
• Transaction Amount: Not specified
• Market: Queens (JFK airport submarket), New York
• Asset Type: Full-service Hilton and Residence Inn

The closed property transaction involves several key individuals, including James Murad, Sam Chang, George G. Gleason II (Bank OZK CEO), and Adam Hakim. Unfortunately, there are no further details provided about their roles or respective companies in this transaction.