Plaza Hotel New York sold to Qatar fund Katara Hospitality for $600m
Katara Hospitality, which buys and manages hotels across the world on behalf of the Qatar Government has acquired full ownership of the 111-year old Plaza Hotel New York for approximately $600 million.
Gaw Capital's $340 million purchase of The Standard Hotel NYC
In one of the largest single-asset New York City hotel deals of the year, Hong Kong private equity fund Gaw Capital is obtaining a $170 million loan from French Bank, Natixis, to provide a 10-year acquisition loan for The Standard Hotel in New York City.
