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Friday, 13 April 2018

Venture Secures $280Mln of Financing Against Ritz-Carlton in Manhattan

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The Real Deal

A venture of Westbrook Partners and Millenium Partners has secured $280 million of financing against the Ritz-Carlton hotel at 50 Central Park South in Manhattan.

Delaware Life Insurance Co. and Nonghyup Bank of Seoul led the group of lenders that provided the...

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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: New York City
  • States: New York
  • Sector: Hotel & Resort
  • Subject: Mortgages/Financing (MOR)
  • Company: Westbrook Partners LLC
  • Valuation: More than $150 million
  • Private: Yes
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