Ascott Residence Trust

Ascott Residence Trust NYC portfolio

$403.6 million* – hotel 69%, specialty 30%; Manhattan 100%

448th largest portfolio by dollar value

384,782 sqft – hotel 87%, specialty 12%;

772th largest by SF

3 properties – Manhattan 100%

2150th largest

Top Ten Associated Companies:

Oversea-Chinese Banking Corporation (2)

Recent activity as company:

Ascott Residence Trust borrowed $92.8 million from Oversea-Chinese Banking Corporation for 350 Canal Street and 370 Canal Street, Tribeca, Manhattan on May 28, 2021.

Ascott Residence Trust borrowed $89 million from Oversea-Chinese Banking Corporation for 311 West 39th Street, Hudson Yards, Manhattan on October 16, 2020.

Properties:

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*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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