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Westin Grand Central Lands Refi From Apollo 

JLL’s Hotels & Hospitality Group has arranged a new floating-rate loan for the refinancing of the Westin Grand Central, a 774-key hotel in New York City. The loan was secured from funds managed by Apollo. The amount of the loan was not disclosed. 

The hotel, located in Midtown Manhattan, is owned by a global investment management firm. JLL’s team, led by Kevin Davis and Mark Fisher, facilitated the transaction.  

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Financing