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New York & Tri-State  + Downtown New York  + Hospitality  |  October 5, 2018
Paul Bubny
By: Paul Bubny

NKF Secures $57M for Walker Hotel Tribeca

NKF Capital Markets has arranged a $57-million loan on behalf of Bridgeton Holdings to facilitate the completion and delivery of the 171-key Walker Hotel Tribeca, located at 396 Broadway. Led by Jordan Roeschlaub and Dustin Stolly with Nick Scribani, Chris Kramer and Bob Tonnessen, the NKF team arranged the financing with BoI Federal.

The building will be Bridgeton’s second Walker Hotel in New York City, with the first in Greenwich Village. The 10-story former office property has frontages on Broadway, Walker Street and Cortlandt Alley, making it one of the very few buildings in Manhattan to have two street corners.

“The Walker is a noteworthy addition to Tribeca, a neighborhood resonating with the downtown-oriented demographic that will fill the hotel,” said Roeschlaub. Its location within Tribeca’s historic neighborhood affords guests immediate access to shopping, restaurants, art galleries, boutique stores, bars and live music venues.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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