Renaissance New York Midtown Hotel
A hotel property in New York, New York. Securitized in 1 CMBS deal in 2025.
$180.0MAppraised value (latest deal)
88.9%Occupancy
$15.5MUnderwritten NOI
8.6%Implied cap rate
- Address
- 218 West 35th Street, New York, NY 10001
- Property type
- Hotel · Full Service
- Year built
- 2016
- Size
- 348 Rooms
- Sponsor
- Jack Dushey, Harry Adjmi, Kenneth Hart and Oxbridge Properties, Inc.
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2025-5C9 | 2025-03-20 | $180.0M | 88.9% | $15.5M | 8.6% | $50.0M | 50.0% | 2.14x | 424B |
Historical NOI reported in BMO 2025-5C9
| Period ending | NOI |
|---|---|
| 10/31/2024 | $15.8M |
| 12/31/2023 | $14.8M |
| 12/31/2022 | $12.0M |
More CMBS properties in New York →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.