McSam Hotel Group
People:
McSam Hotel Group NYC portfolio
$1.4 billion -hotel 65%, H2 22%, condo 4%; Manhattan 69%, Queens 30%*
177th largest portfolio by dollar value
2,101,021 sqft – hotel 48%, H2 43%, condo 4%; Queens 52%, Manhattan 47%
253th largest by SF
30 properties – Manhattan 51%, Queens 48%
359th largest
97 residential units – Queens 82%, Manhattan 17%
1913th 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: 6 for $218.5 million
Borrower company: 9 for $487.2 million
Top Ten Associated Companies:
Sterling National Bank (6), Goldman Sachs (4), Deutsche Bank (3), Webster Bank (3), China Citic Bank International Limited (2), Jasmin Patel (2), Oak Hill Advisors (2), Maxim Capital Group (2), Slate Property Group (2), Preferred Bank (2)
Top Ten Associated People:
Gregory Weingart (4), Michael Savarese (3), Jennifer Adams Shepler (2), Michael A. Savarese (2), David Addison (2), Sylvia Tseng (2), Sam Chang (2), Eric Sadkin (1), Cramer Williams (1), Jasmin Patel (1)
Recent activity as company:
• McSam Hotel Group borrowed $29 million from Preferred Bank for 226 West 47 Street on July 23, 2026.
• McSam Hotel Group borrowed $18.7 million from Webster Bank for 64 Mulberry Street on June 10, 2026.
• 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 borrowed $65.5 million from Citibank for 538 West 58 Street on November 06, 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 $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.
Latest Stories:
• Magna Hospitality signs $112.5M refi with KSL Capital for hotel in Chelsea (July 16, 2026)
• 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)
Court Records:
Properties: