Magna Hospitality Group

300 Centerville Road, Suite 300 East Warwick, Rhode Island 02886

magnahospitality.com

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Magna Hospitality Group NYC portfolio

$1.2 billion -hotel 73%, condo 26%; Manhattan 100%*

200th largest portfolio by dollar value

986,154 sqft – hotel 83%, condo 16%; Manhattan 100%

491th largest by SF

7 properties – Manhattan 100%

1410th largest

0 foreclosures, 0 bankruptcies, 1 other court case.

Notes

Website: Founded in 1998, Magna is a privately-held hotel real estate investment firm that is dedicated exclusively to hotel investment, development, and management.

Company Activity past 24 months:

Buyer company: 1 for $143.9 million

Seller company: 3 for $297.5 million

Borrower company: 5 for $682 million

Top Ten Associated Companies:

Wells Fargo (5), Arnold & Porter Kaye Scholer registered (3), KSL Capital Partners (2), Aareal Capital (1), Apollo Global Management (1), Blackstone Group (1), Western Alliance Bank (1), PIMCO (1), M&T Bank (1), JPMorgan Chase (1)

Top Ten Associated People:

Gregory Weingart (3), Matthew Kacheris (2), Nolen Taylor (1), Spencer Russo (1), Alberto Miras-Azcon (1), Jeffrey Pascale (1), Jeffrey Horowitz (1), F. Austin Pe√±a (1), Alan Pothast (1), Devin Chen (1)

Recent activity as company:

• Magna Hospitality Group borrowed $150 million from Aareal Capital for 140 West 24 Street on December 08, 2025.

• Magna Hospitality Group borrowed $165 million from Wells Fargo for 344 West 36 Street on November 26, 2025.

• Magna Hospitality Group sold 117 West 24 Street for $168.6 million to Arnold & Porter Kaye Scholer registered on September 30, 2025.

• Magna Hospitality Group sold 28 West 46 Street for $92 million to Arnold & Porter Kaye Scholer registered on September 30, 2025.

• Magna Hospitality Group ground leased 327 West 33 Street valued at $36.9 million to Arnold & Porter Kaye Scholer registered on September 30, 2025.

• Moinian Group sold 239 West 54 Street for $143.9 million to Magna Hospitality Group on June 26, 2025.

• Magna Hospitality Group borrowed $150 million from KSL Capital Partners for 350 West 39 Street on June 11, 2025.

• Magna Hospitality Group borrowed $112 million from Wells Fargo for 60 West 37th Street and 60 West 37th Street, Garment District, Manhattan on May 30, 2025.

• Magna Hospitality Group borrowed $105 million from Wells Fargo for 117 West 24 Street on October 17, 2024.

• McSam Hotel Group sold 150 West 48th Street, Midtown West, Manhattan for $159.3 million to Magna Hospitality Group on September 08, 2023.