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Best & Final: MCM Liquidates 90% of Hotel Portfolio Equity (October 9, 2025)
BEST & FINAL
6 minutes
1 month ago
Best & Final: MCM Liquidates 90% of Hotel Portfolio Equity (October 9, 2025)
MCM offloads nearly its entire equity stake in a $489.8 million hotel portfolio — marking Manhattan’s largest trade since the Safe Hotels Act. Meanwhile, RXR recapitalizes 1211 Avenue of the Americas for $1.45 billion, Vanbarton pushes a 440-unit conversion in Midtown East, and lenders escalate enforcement across the multifamily sector.
