Cindat Capital Management is facing the potential loss of control this week of seven limited- and full-service hotels totaling 1,087 rooms in New York City, once the U.S. epicenter of the pandemic and where the hospitality industry is still struggling from reduced tourism.
Foreclosure Auction Set for Seven New York City Hotels
Pandemic Causes Potential Loss of Control for Partners Cindat Capital, Hersha Hospitality
CoStar News
January 20, 2021 | 9:50 P.M.
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IN THIS ARTICLE
- Properties
- Holiday Inn Express New York City Times
343 39th St, New York, NY
- Candlewood Suites New York City - Times
339 39th St, New York, NY
- Hampton by Hilton Inn Manhattan/Times Square
337 39th St, New York, NY
- Hampton by Hilton Inn Manhattan-Chelsea
108 24th St, New York, NY
- Hampton Inn Manhattan-Madison Square Garden
116 31st St, New York, NY