Real Estate

341 West 36th Street | Ascott Reit | Magna Hospitality

by posted 3years ago 104 views
Ascott Residence Trust paid $106 million for the Hilton DoubleTree hotel at 341 West 36th Street, property records show. The Singapore-based real estate investment trust last week announced that it bought the property through a subsidiary, Barrydale SM LLC, but didn’t disclose the price. Oversea-Chinese Banking Corporation is funding the deal with a $65.4 million loan. Magna Hospitality Group, which paid $83 million to acquire the property in 2012, is the seller. The 81,000-square-foot, 25-story […]

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