Magna Hospitality Group

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

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Magna Hospitality Group NYC portfolio

$1.3 billion -hotel 76%, condo 23%; Manhattan 100%*

209th largest portfolio by dollar value

1,203,320 sqft – hotel 86%, condo 13%; Manhattan 100%

455th largest by SF

8 properties – Manhattan 100%

1381th 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: 7 for $883 million

Top Ten Associated Companies:

Wells Fargo (6), KSL Capital Partners (3), Arnold & Porter Kaye Scholer registered (3), Apollo Global Management (1), Blackstone Group (1), Western Alliance Bank (1), PIMCO (1), M&T Bank (1), JPMorgan Chase (1), Magna Hospitality Group (1)

Top Ten Associated People:

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

Recent activity as company:

Magna Hospitality Group borrowed $112.5 million from KSL Capital Partners for 144 West 28 Street on July 09, 2026.

Magna Hospitality Group borrowed $88.5 million from Wells Fargo for 150 West 48th Street, Midtown West, Manhattan on December 17, 2025.

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 28 West 46 Street for $92 million to Arnold & Porter Kaye Scholer registered on September 30, 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 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.

Latest Stories:

• New $88.5M refi with Wells Fargo for hotel in Midtown West, Magna Hospitality Group reported owner (December 22, 2025)

• Magna Hospitality Group signs $150M refi with Aareal for hotel in Chelsea (December 15, 2025)

• Magna Hospitality Group signs $165M refi loan with Wells Fargo for hotel in Garment District (December 04, 2025)

• Fourth Magna Hospitality Group hotel sale, this for $36.9M in Penn Plaza (October 10, 2025)

• Anonymous buyer pays $92M to Magna for hotel in Midtown West (October 08, 2025)

• Magna Hospitality Group sells hotel in Chelsea for $168.6M (October 07, 2025)

• Magna Hospitality is UCC auction winner of Moinian’;s Hilton-branded Midtown West hotel, valued at $143.9M (July 02, 2025)

• KSL Capital Partners provide $150M refi for Hyatt hotel in Garment District (June 27, 2025)

• Magna signs $112M refi loan with Wells Fargo for hotel in Garment District (June 10, 2025)

• Moinian Group sues to block today’;s $25M mezz foreclosure tied to Midtown West hotel (June 10, 2025)

Properties:

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