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Sonesta NYC Portfolio

Lending • First Mortgage Loan

New York, NY
$239,000,000

RHF provided a first mortgage acquisition and renovation loan secured by four prestigious New York City hotels located on the east side of Manhattan. The hotels include The Benjamin Hotel, Fifty Hotel & Suites, Gardens Hotel & Suites, and the Shelburne Hotel & Suites and are comprised of 917 large rooms. The hotels were acquired by an experienced, institutional hotel investor and management company.