Leyad Acquires Ink48 Hotel in Partnership with Capstone Equities
12/13/24, 1:14 AM
Location
montrealIndustry
retail
fashion
Type
partnership
Leyad, a real estate investment firm based in Canada, has announced its acquisition of the Ink48 Hotel in the Hell's Kitchen neighborhood of New York City. The acquisition represents Leyad's first purchase in the New York City market and its second hotel acquisition to date. The transaction was completed in a 50/50 joint venture with NYC based private equity firm Capstone Equities.
Company Info
Location
montreal, quebec, canada
Additional Info
Leyad is a Montreal-based investment and development firm with a focus on retail properties. It is committed to fostering vibrant and convenient shopping experiences for the communities it serves, with a portfolio of retail properties including Cornerstone and Stockyards in Prince Albert.