Mission Capital Advisors secure $33M on behalf of Icon Realty for GEM Hotel

April 22, 2014

Source: NYREJ

Mission Capital Advisors’ debt & equity finance group arranged $33 million in financing on behalf of N.Y.-based investment and management company Icon Realty Management. The financing, a combination of CMBS and mezzanine, was arranged to refinance The GEM Hotel Chelsea, an 81-key, hotel located at 300 West 22nd St., managed by Gemini Real Estate Advisors.

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