Westchester Marriott

In June 2007, a joint venture of Northview Hotel Group and Normandy Real Estate Partners acquired the Westchester Marriott Hotel from Morgan Stanley. Located 30 minutes north of New York City at the crossroads of Interstate 87 and Route 287, the property features 444 recently-renovated guestrooms, 26,000 sf of meeting space, two F&B outlets, a gift shop, and an indoor swimming pool with a whirlpool, sauna, and retractable skyroof. Debt financing for the transaction was provided by Morgan Stanley Mortgage Capital. The Hotel is operated by Marriott International under a long term management agreement. Northview serves as asset manager and construction manager on all capital improvement projects on behalf of the venture.