McSam Hotel Group
People:
McSam Hotel Group NYC portfolio
$1.4 billion -hotel 66%, D6 10%, G7 5%; Manhattan 69%, Queens 30%*
148th largest portfolio by dollar value
1,184,568 sqft – hotel 85%, condo 7%, industrial 2%; Manhattan 84%, Queens 15%
412th largest by SF
30 properties – Manhattan 51%, Queens 48%
305th largest
179 residential units – Queens 90%, Manhattan 9%
1188th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Company Activity past 24 months:
Buyer company: 1 for $7.8 million
Seller company: 7 for $259 million
Borrower company: 8 for $459.8 million
Top Ten Associated Companies:
Sterling National Bank (6), Goldman Sachs (4), Deutsche Bank (3), China Citic Bank International Limited (2), Jasmin Patel (2), Oak Hill Advisors (2), Maxim Capital Group (2), Slate Property Group (2), Webster Bank (2), McSam Hotel Group (2)
Top Ten Associated People:
Gregory Weingart (4), Jennifer Adams Shepler (2), Michael A. Savarese (2), David Addison (2), Michael Savarese (2), Sam Chang (2), Hengjiang Mu (1), Gregory A. Weingart (1), Russell F. Warren, Jr. (1), Jasmin Patel (1)
Recent activity as company:
• Hiwin Group USA and McSam Hotel Group borrowed $110 million from Maxim Capital Group for 131-02 40 Road on March 09, 2026.
• McSam Hotel Group sold None for $4.2 million to Yan Hong Wang and Yan Ying Wang on January 06, 2026.
• McSam Hotel Group sold 108-68 Roosevelt Avenue and 108-68 Roosevelt Avenue, None, Queens for $14.4 million to Barone Management on December 15, 2025.
• McSam Hotel Group and John Silviano sold 538 West 58 Street for $7.8 million to McSam Hotel Group on November 06, 2025.
• McSam Hotel Group borrowed $65.5 million from Citibank for 538 West 58 Street on November 06, 2025.
• McSam Hotel Group borrowed $55 million from Metropolitan Commercial Bank for 143-02 135 Avenue on October 24, 2025.
• McSam Hotel Group borrowed $33 million from Preferred Bank for 144-08 135 Avenue on June 20, 2025.
• McSam Hotel Group borrowed $48 million from Webster Bank for 143-16 135 Avenue on May 22, 2025.
• McSam Hotel Group borrowed $63 million from China Citic Bank International Limited for 538 West 58 Street on March 03, 2025.
• McSam Hotel Group sold 154-71 Brookville Boulevard for $42 million to Liberty One Group on February 06, 2025.
Latest Stories:
• Hiwin Group USA pays $32M for under-construction hotel in Flushing (November 17, 2025)
• KSL Capital Partners provide $150M refi for Hyatt hotel in Garment District (June 27, 2025)
• McSam Hotel Group signs $48M construction loan for 351-key hotel near JFK (June 11, 2025)
• Liberty One pays $42M to McSam Hotel for hotel near JFK (February 20, 2025)
• Slate pays $94.5M for FiDi hotel Sam Chang bought in 2017 for $93.5M (December 24, 2024)
Court Records:
Properties: