Hospitality

NEW YORK CITY — Robert K. Futterman & Associates (RKF) has brokered the sale of the 4,000-square-foot retail condominium at 11 W. 51st St. in New York City’s Jewel Hotel for $17.5 million. The space is fully leased to Banco Popular. RKF’s Jeff Fishman, Mark Kapnick, Brian Segall and Jonathan Butwin represented the seller, 11 West 51 Realty. RKF also represented the buyer, Samson 51. Kapnick also arranged the 4,000-square-foot lease of retail space below Banco Popular to tapas restaurant Lizarran on behalf of Masterworks.

PHILADELPHIA — Optimum Hotel Brokerage has sold a first mortgage note securing the 240-unit Skyview Plaza Hotel in Philadelphia. Optimum’s Joseph McCann represented the seller, a regional bank, in the transaction. The buyer, a private equity fund, plans to renovate the 17-story hotel. Optimum has brokered other hotels in Pennsylvania recently, including the Hampton Inn Lehighton in Lehighton, Pa., and the York View Hotel in York, Pa.

NEW YORK CITY — Meridian Capital Group has negotiated $85 million in acquisition and construction financing for Chetrit Group and Clipper Equities’ purchase and repositioning of the 175,900-square-foot Hotel Chelsea, located at 222 W. 23rd St. Natixis provided the loan and Meridian’s Ronnie Levine and Aaron Birnbaum negotiated the financing.

NEW YORK CITY — Pebblebrook Hotel Trust has acquired a 49 percent interest in a joint venture with Denihan Hospitality Group that owns six upscale hotels in Manhattan valued at $910 million, which includes $596.6 million in mortgage and mezzanine debt. Pebblebrook will make a $153.6 million equity investment in the joint venture, and Pebblebrook and Denihan will make all decisions jointly. The six hotels — Affinia Manhattan, Affinia Shelburne, Affinia Dumont, Affinia 50, Affinia Gardens and The Benjamin — comprise 1,640 guest rooms.