Dream Hotel Group

Dream Hotel Group NYC portfolio

$168.8 million -hotel 84%, elevator 8%, retail 6%; Manhattan 99%*

1075th largest portfolio by dollar value

241,676 sqft – hotel 76%, elevator 18%, retail 5%; Manhattan 100%

1392th largest by SF

4 properties – Manhattan 100%

2212th largest

52 residential units – Manhattan 100%

2607th largest by residential units

1 foreclosure, 0 bankruptcies, 1 other court case.

Top Ten Associated Companies:

Motcomb Estates (3), Maple Tree Capital (1), Katara Hospitality (1)

Top Ten Associated People:

Andrew Humphries (1)

Recent activity as company:

• Dream Hotel Group ground leased 346 West 17th Street and 346 West 17th Street, Chelsea, Manhattan valued at $125.6 million to Katara Hospitality on June 01, 2021.

• Maple Tree Capital on December 31, 2020 bought a loan with an original principal of $40.3 million from Marathon Real Estate CDO 2006-1, secured by 2524 Broadway, when owned by Dream Hotel Group.

• Dream Hotel Group borrowed $60 million from Motcomb Estates for 856 7 Avenue on February 28, 2020.

• Dream Hotel Group borrowed $48 million from Motcomb Estates for 228 West 49 Street on February 07, 2020.

• Dream Hotel Group borrowed $62.5 million from Motcomb Estates for 128 West 44 Street on December 19, 2019.