Leyad
acquires in NYC. Montreal-based
Leyad and New York City-based Capstone Equities have acquired the 226-key Ink48 Hotel in the Hell’s Kitchen neighborhood
of New York City in a 50-50 joint venture from an undisclosed seller for approximately $62.5 million. This is
Leyad’s second hotel acquisition and first in the New York City market.
Refinance
in Austin. West Palm
Beach, Florida-based REIT Southern Realty Trust (SRT) has originated a $57
million to refinance 108-key The Loren at Lady Bird Lake, a luxury hotel in
Austin, Texas. The sponsor of the loan is New York City-based The Loren…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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