Atlas Hospitality
People:
Atlas Hospitality portfolio
$30.5 million – hotel 57%, mixed-use 42%; Manhattan 100%, Bronx 0%
1295th largest portfolio by dollar value
84,760 sqft – hotel 64%, mixed-use 35%;
2113th largest by SF
2 properties – Manhattan 100%, Bronx 0%
156th largest
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 2 for $161.5 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Edmund A. Schwesinger Jr. (1), Dorothy Daniel (1), Alan W. Daniel (1), Helen E. Shworles (1), Beach Point Capital Management (1), Bank of America (1)
Top Ten Associated People:
Edmund A. Schwesinger Jr. (1), John Grassia (1)
Recent activity as signatory:
• Atlas Hospitality borrowed $41.5 million from Bank of America for 120-122 Water Street, Financial District, Manhattan on March 07, 2024.
• Atlas Hospitality and Flintlock Construction borrowed $120 million from Beach Point Capital Management for 711-715 Seventh Avenue and 168-170 West 48th Street, Times Square, Manhattan on July 17, 2023.
• Edmund A. Schwesinger Jr. and Dorothy Daniel and Alan W. Daniel and Helen E. Shworles sold 711 7th Avenue, Times Square, Manhattan for $58.9 million to Atlas Hospitality on December 05, 2022.
• Atlas Hospitality for Raj Guru filed plans for new building for 135,363 sqft in Times Square, Manhattan, on April 28, 2021.
• Atlas Hospitality for Raj Guru filed plans for new building for 44,773 sqft in Financial District, Manhattan, on December 22, 2014.
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