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Manhattan Hotel Portfolio

New York, NY

The First Fidelity Companies arranged a $220,000,000 A-note as part of a $340,000,000 construction loan facility led by CW Capital.  The A-note portion of the construction loan was placed with a major U.S. bank.  CW Capital originated the loan on behalf of a client to capitalize the construction of three separate hotels in Manhattan comprising approximately 1,200 rooms of limited and full service properties.   

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Manhattan Hotel Portfolio