Cadwalader Advises the Lender in Financing for Acquisition of DoubleTree Suites Times Square

Aug 03, 2017

Contact(s)

Kimberly Brooks
New York
+1 212 504 5652
kimberly.brooks@cwt.com
Ron Brandsdorfer
New York
+1 212 504 6712
ron.brandsdorfer@cwt.com

Cadwalader represented the administrative agent and lender in a $400 million mortgage and mezzanine financing in connection with Fortress Investment Group’s acquisition and planned redevelopment of the hotel, signage and retail at the Doubletree Suites Times Square Hotel located at 1568 Broadway Avenue in Manhattan. 

The Cadwalader team was led by Real Estate partners Bonnie Neuman and William McInerney and included associates Matthew McManus and Susan Miller and senior attorney Alicia Davis, with support from Financial Restructuring senior counsel Peter Dodson and associate Alexander Strom.

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