Hotel mortgage defaults and foreclosures have become somewhat ubiquitous in the Big Apple, but the Sheraton New York Times Square Hotel has received some leeway from its lender. This week The Real ...

MCR Hotels and Andrew Farkas’ Island Capital have refinanced a $250 million loan on the Sheraton Times Square Hotel that had been in forbearance. The $260 million refi comes from affiliates of ...

MCR and Island Capital’s loan on the Sheraton Times Square Hotel has gone into forbearance as the owner nears a refinancing with Fortress Investment Group. MCR and Andrew Farkas’ Island Capital bought ...

Your article was successfully shared with the contacts you provided. MCR Hotels and Island Capital have secured a $260M refi for the Sheraton Times Square, allowing the 1,780-key hotel on Seventh ...

A hotelier who specializes in buying posh New York properties at bargain prices has booked his reservation at Soho House’s boardroom. Tyler Morse, who in recent years snapped up the troubled Royalton ...

Six vessels and two individual mariners were recognized for courageous acts at sea at the 44th annual United Seamen's Service (USS) 2013 Admiral of the Ocean Sea Awards (AOTOS) attended by more than ...