Close

MEDIA

Cole Schotz Represents The Mcsam Hotel Group in $250m Financing of Times Square Hotel Project

December 23, 2019Attorneys: Leo V. Leyva, Christopher J. Caslin, Danielle M. Pasquariello, Cristina M. Riggio and Samantha B. Epstein
Cole Schotz P.C. represented the Mcsam Hotel Group in obtaining $250 million in financing for a 1,043-key, three-flag hotel near Times Square, located at 150 W. 48th St. The firm represented the Mcsam Hotel Group in negotiation of a $210 million first mortgage loan and a $40 million mezzanine loan from S3 Capital.

The Mcsam Hotel Group acquired the vacant land in Times Square from the Rockefeller Group for the purposes of constructing a hotel. The Mcsam Hotel Group is one of the largest hotel developers in New York City.

The Cole Schotz team included members Leo V. Leyva, Christopher J. Caslin and Danielle M. Pasquariello, with support from associates Cristina M. Riggio and Samantha Epstein.

Services

 

Hosted on the FirmWise platform.

© Cole Schotz P.C.

DISCLAIMER

The materials on this site have been prepared by Cole Schotz P.C. for general informational purposes only and are not intended to constitute legal advice. Viewers should not act upon this information without seeking professional counsel on the specific facts and circumstances in question from an attorney licensed in their jurisdiction. Use of this site does not create an attorney-client relationship between the user and Cole Schotz or any lawyer(s) within the firm. Any information sent to Cole Schotz or its lawyers through this site will not be treated as confidential and is not protected by the attorney-client privilege.

© Cole Schotz P.C.

Attorney Advertising

This website is an advertisement for a law firm. Statements and previous outcomes do not imply similar results in your matters.

© Cole Schotz P.C.

SUBMIT YOUR INFORMATION

Thank you for your interest in our publication. Please fill out below and a copy will be sent to your email address.

×

For Important Legal Updates and Resources on the Coronavirus Click Here.