Real Estate, Banking and Finance teams in New York, United States and in Warsaw, Poland have advised Avana Capital on a US$65 million financing granted to 842 Enterprise, Inc. for construction of an AC by Marriott hotel at 842 6th Avenue, New York, NY.

Danny Forster, a well-known architect and host of the Science Channel series “Build It Bigger”, designed the 168-room, 25-story hotel using modular technology. Each of the 168 modular units produced in Poland will be a fully equipped four star guest room and will be shipped to New York. Upon completion, the 96 meter building will be the tallest modular hotel in the world.

The finance transaction was led by Rick Stempler and Jonathan Jacobs of Dentons US LLP, with assistance from Austin Castellano and Christine Mendoza, while the banking advice in Poland was provided by Anna Hergottova and Mateusz Krajewski, supervised by partner Mateusz Toczyski of Dentons Poland.

Avana Capital was introduced to the deal team by partner Christopher Rose of Dentons Europe.

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