Square Mile makes $75M equity investment in new McSam hotel
Square Mile Capital Management LLC has made a $75 million preferred equity investment in a 1,046-key multi-branded hotel project in the Times Square submarket. The...
Tag : mcsam hotel group
ON THE SCENE: Latest middle market sales, exclusives
SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for...
McSam Hotel Group secures $250M for Times Square venture
Sam Changʼs McSam Hotel Group has secured $250 million in acquisition and construction financing from S3 Capital Partners for his newest project. The financing –...
State goes after Chang after 50 hotel workers are fired en masse
Sam Chang and his McSam Hotel Group, which owns the Radisson Hotel New York Wall Street, is being investigated by the State Department of Labor...
Mcsam secures $76M funding for new NoMad hotel
The Mcsam hotel group secured $76 million in construction funding to build a 21-story boutique hotel at 292 Fifth Avenue in NoMad. The financing, provided...
First construction fatality of 2018 at 24th Street McSam hotel site
By Sabina Mollot Police are investigating the death of a construction worker found unresponsive at the bottom of an elevator shaft Tuesday. Jucong Wu, 33,...
Sam Chang closes $83M refi for Times Square Holiday Inn
Sam Chang’s McSam Hotel Group has secured an $83 million Deutsche Bank loan for the Holiday Inn NYC Times Square South, according to records filed...
Selling points: Rockaway Beach building hits the market, McSam closes on $42M site
Cushman & Wakefield Beach homes hit market Cushman & Wakefield has been retained to sell a newer construction mixed-use building at 88-02 Rockaway Beach Boulevard,...