Walker & Dunlop Facilitates $155M Refinance For Manhattan Hotel By Hudson Bay Capital

The hotel located at 511 Lexington Avenue in Manhattan, spanning 315,000 square feet, was involved in a recent transaction. The property was subject to a refinancing deal with a loan amount of $155,000,000. The lenders for this transaction were Hudson Bay Capital, while MCR Hotels, Island Capital, and Three Wall Capital acted as the landlords.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $155,000,000
• Address: 511 Lexington Avenue
• Market: Manhattan
• Asset Type: Hotel
• Square Footage: 315,000
• Lender: Hudson Bay Capital
• Landlord: MCR Hotels, Island Capital, Three Wall Capital
• Brokers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Jordan Casella, Chris de Raet - Walker & Dunlop
• Loan Type: Refinance

The deal's key individuals included Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Jordan Casella, and Chris de Raet, who represented the transaction as brokers from Walker & Dunlop. These professionals played a crucial role in facilitating the refinancing of this prominent hotel property in Manhattan.