Transfers OTO Development borrows $90M from Fifth Third Bank for new hotel in Garment District February 14, 2020 7:23 am OTO Development through the entity Palmetto Hospitality Of Manhattan Iii, LLC as borrower signed a lTo read an article sign up for a 7-day free trial to a Post subscription, just $10 per month. To access data including daily updated court records, sales, loans, new development and more, subscribe here to Professional level. If you are a subscriber log in to read the rest of this content. Continue Reading Previous McSam Hotel Group borrows $64M from Deutsche Bank for new hotel in Hudson YardsNext Moinian Group borrows $105M from Bank of China for new rental in Clinton