MCR Hotels

MCR Hotels portfolio

$16.9 billion* – specialty 99%, hotel 0%; Queens 99%, Manhattan 0%

3th largest portfolio by dollar value

17,283,970 sqft – specialty 98%, hotel 1%;

15th largest by SF

2 properties – Manhattan 50%, Queens 50%

2916th largest

23 residential units – Manhattan 100%, Bronx 0%

3048th largest by residential units

Company Activity past 24 months:

Buyer company: 1 for $179.8 million

Borrower company: 1 for $290 million

Top Ten Associated Companies:

Solil Management (1), Barclays (1)

Top Ten Associated People:

Jane H. Goldman (1), Adam Scotto (1)

Recent activity as company:

MCR Hotels borrowed $290 million from Barclays for 154-68 Brookville Boulevard, JFK Airport, Queens on June 13, 2024.

Solil Management sold 2 Lexington Avenue, Gramercy, Manhattan for $179.8 million to MCR Hotels on August 23, 2023.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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