Soho Properties Refinances Margaritaville Times Square Hotel For $317M

560 7th Avenue AKA MargaritavilleTimesSquare

Hotel

158,519 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Hotel

158,519 sqft

Hotel 🏨 🍹 located at 560 7th Ave., also known as @MargaritavilleTimesSquare, in Times Square has recently undergone a refinancing transaction. The property comprises of 234 rooms.

Summary of transaction details:

Property Type: Hotel 🏨
Transaction Amount: $317,000,000
Address: 560 7th Ave.
Market: Times Square
Keys: 234 🔑

The landlord for this property, also known as @MargaritavilleTimesSquare, is Soho Properties represented by Sharif El-Gamal. The loan for the refinancing amounts to $317,000,000.

Details

Deal Summary

FINANCED

IMAGE: @JimmyBuffett & Sharif El-Gamal (@MeetSharif) DATE: 09/2021 ADDRESS: 560 7th Ave. AKA @MargaritavilleTimesSquare MARKET: Times Square ASSET TYPE: Hotel 🏨 🍹~ KEYS: 234 🔑 LANDLORD: Soho Properties (@SohoProp) - Sharif El-Gamal (@MeetSharif) LOAN AMOUNT: $317,000,000 LOAN TYPE: Refinance

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Address560 7th Avenue AKA MargaritavilleTimesSquare

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