Masterworks Development
Masterworks Development portfolio
$87.1 million – hotel 66%, condo 33%; Manhattan 100%, Bronx 0%
610th largest portfolio by dollar value
345,858 sqft – hotel 69%, condo 30%;
809th largest by SF
3 properties – Manhattan 100%, Bronx 0%
154th largest
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 0 for $0
Borrower company: 1 for $60 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
M&T Bank (1), McSam Hotel Group (1), AllianceBernstein (1), Bank of China (1), Carval Investors (1)
Top Ten Associated People:
Latest Stories:
• Masterworks Development signs $60M refi for hotel in Grand Central, up from $50M (May 13, 2024)
• Masterworks Development paid $64M to McSam Hotel Group (August 09, 2019)
• Masterworks Development obtained financing of $36M from M&T Bank (August 09, 2019)
Properties:
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