Gibson, Gandhi & Associates Steer $80M Deutsche-M&R Loan

By Andrew McIntyre (March 14, 2017, 5:13 PM EDT) -- Gibson Dunn & Crutcher LLP represented Deutsche Bank AG in connection with its $80 million loan to Gandhi & Associates LLC-counseled M&R Hotel Management for an under-development Hilton Garden Inn on West 37th Street in Manhattan, according to records made public in New York on Monday.

The financing is for a hotel located at 326 W. 37th St. Of that $80 million loan, roughly $24.3 million is new financing and the remainder is assumption of pre-existing debt at the property.

The hotel is close to the Javits Center as well as Penn Station.

"This hotel will soon be joining the Hilton...

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