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Commercial Real Estate Direct Staff Report The 56-room Hudson River Hotel near the Hudson Yards area of Manhattan has sold for $18.2 million, or $325,000/room, allowing for the resolution of a long-troubled $13.21 million securitized mortgage. The property, at 442 ...
The venture of Cindat Capital Management Inc. and Hersha Hospitality Trust that owns a portfolio of seven select-service hotels with 1,087 rooms in Manhattan is on the hunt for $50 million of preferred equity. The portfolio is encumbered by a ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 28.57 30.00 2.77 AAA AAA Aaa 100.000 1.986 +42 swaps A-2 8.64 30.00 4.83 AAA AAA Aaa ...
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