Capstone, Highgate buy the Nyma hotel

Capstone Equities, in partnership with Highgate, picked up the Nyma Hotel in Koreatown for $52 million, the latest hotel to trade in a struggling market, The Real Deal has learned. Capstone, a Midtown investment firm led by Josh Zamir and Daniel Ghadamian, provided the majority of the equity for the purchase of the 17-story, 171-key hotel at 6-8 West 32nd Street, sources said. Hotel investor Highgate will serve as the new manager and hold a […]

Source: Real Estate

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