RIU Hotels & Resorts

RIU Hotels & Resorts NYC portfolio

$535.1 million* – hotel 67%, office 32%; Manhattan 100%, Bronx 0%

313th largest portfolio by dollar value

670,827 sqft – hotel 92%, office 7%;

476th largest by SF

3 properties – Manhattan 100%, Bronx 0%

2169th largest

Company Activity past 24 months:

Buyer company: 1 for $172.8 million

Top Ten Associated Companies:

Extell Development (1)

Top Ten Associated People:

Marc Kwestel (1)

Recent activity as company:

Extell Development sold 1708 Broadway, Midtown West, Manhattan for $172.8 million to Riu Hotels & Resorts on October 13, 2023.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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