Bivona of Victory Capital arranges $10 million refinancing of 50-room hotel

August 15, 2023 - Front Section

Manhattan, NY Michael Bivona, managing director of Victory Capital, Inc. arranged a $10 million refinancing of a hospitality property on Lexington Ave. The subject property is located in NoMad, a neighborhood bounded by Chelsea. The hotel is a seven-story building that has a total of 50 guest rooms. It is a 21,283 s/f building and was built in 1910.

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