Investment Summary

YOTEL

Realized

Property Type
Hospitality
Location
New York, NY
Loan Type
Mezzanine
Loan Purpose
Refinancing
Closing Date
May 2017
Realized
December 2020

Yotel is a 22-story, 713-Key “micro-pod” hotel constructed in 2012 as a part of the New York City’s west side MiMa Development. One of the first New York City hotels to invoke the “micro-pod” concept the property has an average room size of 200 SF and focuses on efficient room design, expansive common areas and new technology to create a unique traveler experience. Located three blocks west of Times Square the property is also proximate to the Broadway Theatre district and the Javits Convention Center.