BridgeInvest Closes a $52.0 MM Refinance Loan in Manhattan, NY

1st Priority Mortgage Loan

Loan Amount
$25,000,000
Property Type
Hotel
Location
Manhattan, NY

BridgeInvest is excited to announce the closing of a $52 million refinancing loan, senior secured by a 122-key boutique hotel located in Manhattan’s Hudson Square neighborhood, just west of SoHo. The asset, built in 2014, is fully stabilized and situated in one of New York’s most desirable hospitality submarkets.

  • Quick closing to meet the borrower’s refinancing deadline
  • Boutique, independently managed hotel
  • Institutional Sponsorship that has developed and operated the property since 2014
Transaction media