Posted June 20, 2012
Queens Plaza North, LLC has secured $25 million to refinance the Holiday Inn Manhattan View, a 16-story, 136-room hotel in Long Island City, New York.
HFF worked on behalf of Queens Plaza North, LLC to secure the five-year, fixed-rate refinancing. The HFF team representing the borrower included managing director Bob Delitsky, director KC Patel and analyst Jennifer Keller.
Holiday Inn Manhattan View is located at 3905 29th Street near the Queensboro Bridge and Northern Avenue minutes from Manhattan in Long Island City. Completed in December 2008, Holiday Inn Manhattan View is a full-service facility that overlooks the Manhattan skyline. Property amenities include a meeting room, business center, courier service, on-site fitness center, indoor pool and 24-hour lounge.
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