October 5, 2018
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