OTO Development borrows $90M from Fifth Third Bank for new hotel in Garment District
OTO Development through the entity Palmetto Hospitality Of Manhattan Iii, LLC as borrower signed a
Transfers
McSam Hotel Group borrows $64M from Deutsche Bank for new hotel in Hudson Yards
Sam Chang’s McSam Hotel Group through the entity LSCH LLC D/B/A LSCH 8th Ave LLC
Joel Gluck borrows $53M from Sterling National Bank for multifamily property in Williamsburg
Joel Gluck through the entity The North Flats LLC as borrower signed a loan agreement
Dream Hotel Group borrows $48M from Motcomb Estates for hotel in Times Square
Sant Singh Chatwal’s Dream Hotel Group through the entity Consulate Hotel Associates, LLC as borrower
UBS fund borrows $42M from UBS fund for acquisition of multifamily property in Clinton Hill
UBS fund through the entity Steuben Street/Myrtle Avenue Apartments Owner LLC as borrower signed a
Eddie Lampert’s ESL Investments borrows $20M from Cantor Fitzgerald for property in Brooklyn
Eddie Lampert’s ESL Investments through the entity Transform Operating Stores LLC as borrower signed a
BLDG Management borrows $11M from M&T Bank for multifamily property in the Upper West Side
BLDG Management through the entity Partnership 92 West, L.P. as borrower signed a loan agreement
The New School pays $65M to GFP Real Estate, Meadow Partners for dorm in Gramercy
The New School paid GFP Real Estate and Meadow Partners’ 301 First Dorm Condo LLC
Artimus NYC pays $13M to the Episcopal Church for development site in Inwood
Artimus NYC through the entity Inwood HT Equities LLC paid Diocesan Missionary and Church Extension