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Berkadia Announces Note Sale of Hotel Indigo and 500 Met

Summary by LODGING Magazine
NEW YORK, New York—Berkadia, in conjunction with Cushman & Wakefield, announced the note sale of Hotel Indigo and 500 Met, a 187-key hotel and apartment building with 75 residential units, a parking garage, and retail space in Brooklyn’s Williamsburg neighborhood. Steve Michels, Jared Kelso, Steve Vazquez, and Michael Forester of Berkadia Hotels & Hospitality led the transaction for Hangang Asset Management on behalf of the seller. The buyer was…
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LODGING Magazine broke the news in on Thursday, July 24, 2025.
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