Meridian Capital Group

Lightstone’s New Moxy Hotel Rises With $130M Loan From MSD, Lionheart

July 26, 2021

Lightstone Group has sealed $130 million in construction financing for its new Moxy hotel on the Lower East Side of Manhattan. MSD Partners provided a $90 million senior loan in the deal, while Lionheart Strategic Management — through its credit vehicle Lionheart Real Estate Credit Strategies — provided $40 million in mezzanine debt.

Featuring:
Drew Anderman
Senior Managing Director
Origination
(212)612-0236
[email protected]
Benjamin Nevid
Director
Underwriting and Loan Placement
(212)612-0126
[email protected]
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