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Walker & Dunlop Capital Markets arranged $345,000,000 in financing for The Mark Hotel, a premier luxury hospitality asset on Manhattan's Upper East Side. The Mark Hotel encompasses 153 units and ranks among New York City's most prestigious luxury hotels.
Sean Reimer, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, and Dustin Stolly of our Institutional Advisory team arranged the $345 million floating-rate, interest-only bridge loan for Alexico Group, sourcing the capital from Deutsche Bank. Jay Morrow and Carter Gradwell of our Hospitality Advisory team advised throughout the process.
This financing underscores continued institutional demand for trophy hospitality assets in gateway markets.