David Marx’s Marx Development Group secured a $202 million refinancing for its Hudson Yards hotel, which is scheduled to open next month. Mack Real Estate Credit Strategies provided the debt for the 29-story Courtyard by Marriott at 461 West 34th Street, according to a public record filed Friday. The deal includes a new $76.5 million gap mortgage. Mack did not immediately return a request for comment. A representative from Marx was not available Friday evening.
source https://therealdeal.com/2019/10/25/david-marx-lands-202m-refi-for-hudson-yards-hotel/
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