Masterworks Development
(Masterworks)
4 Bryant Park, Suite 502 New York, NY 10018
People:
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Masterworks Development NYC portfolio
$263.5 million -hotel 62%, condo 37%; Manhattan 100%*
798th largest portfolio by dollar value
345,858 sqft – hotel 69%, condo 30%; Manhattan 100%
1109th largest by SF
3 properties – Manhattan 100%
2720th largest
Notes
Website: Masterworks is a value-added real estate investor and developer with expertise in operationally intensive and complicated projects.
Company Activity past 24 months:
Borrower company: 2 for $150 million
Latest Stories:
• Masterworks Development signs $60M refi for hotel in Grand Central, up from $50M (May 13, 2024)
• Masterworks Development paid $64M to McSam Hotel Group (August 09, 2019)
• Masterworks Development obtained financing of $36M from M&;T Bank (August 09, 2019)
Properties:
To see the 3 properties for this company you need a Professional level subscription