Heitman Capital provided $46.3 million in debt for 118 East 40th Street
Meadow Partners has secured a $46.3 million loan from Heitman Capital Managementto refinance the Renwick Hotel at 118 East 40th Street. The new mortgage refinances previous debt provided by HSBC Bank in 2016, according to CO.
Building Details: The property spans 74,640 SF, and contains 173 rooms. The Midtown hotel is part of Hilton’s Curio Collection, and features the restaurant “Bedford & Co” on its ground floor.