Burnett Equities signs $95.6M refi with Bank7 for hotel in Penn Plaza
Burnett Equities through the entity Wdco Nyc Martinique Hotel LLC as borrower signed a refi loan with lender Bank7 through the entity Bank7 valued at $95.6 million for the hotel building (H2) at 1260 Broadway in Penn Plaza, Manhattan. The deal closed on August 26, 2026 and was recorded on September 16, 2026. The prior lender was Taconic Capital Advisors which held debt that had…
