Flag Luxury Group signs $325M refi loan with Deutsche Bank for hotel in NoMad
Flag Luxury Group through the entity Rp1185 LLC as borrower signed a refi loan with lender Deutsche Bank valued at $325 million for the Ritz-Carlton New York, NoMad hotel condominium unit at 35 West 28th Street in NoMad, Manhattan. The deal closed on December 22, 2025 and was recorded on January 2, 2026. The prior lender was Bank OZK which held debt that had an…
