Transfers Magna Hospitality Group borrows $62M from Wells Fargo for new hotel construction in Chelsea November 1, 2019 6:10 am 113 West 24th Street (Credit: Google) Magna Hospitality Group through the entity Chelsea 24th Street LLC as borrower signed a loan agreemeTo read an article sign up for a 7-day free trial to a Post subscription, just $10 per month. To access data including daily updated court records, sales, loans, new development and more, subscribe here to Professional level. If you are a subscriber log in to read the rest of this content. Continue Reading Previous Carmel Partners borrows $57M from Wells Fargo Bank for residential property in Financial DistrictNext Treetop Development borrows $121M from Berkadia Commercial Mortgage for rental property in Far Rockaway