Shahal M. Khan: Difference between revisions
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===Plaza Hotel=== |
===Plaza Hotel=== |
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In May 2018, Khan and [[Kamran Hakim]], a prominent [[New York City]] landlord and property investor, entered into an agreement to purchase the [[Plaza Hotel]], an historic and high profile luxury property in [[Manhattan]], for $600 million from [[Sahara India Pariwar]], a [[London]]-based [[India]]n conglomerate.<ref>[https://www.cnbc.com/2018/03/27/up-next-for-crypto-crazed-investors-a-slice-of-nycs-plaza-hotel.html CNBC - Up Next For Crypto-Crazed Investors: A Slice of NYC's Plaza Hotel]</ref><ref>[https://www.bloombergquint.com/onweb/2018/05/08/plaza-hotel-s-600-million-deal-may-go-forward-with-new-buyers Bloomberg - Plaza Hotel's $600 Million Deal May Go Forward With New Buyers]</ref><ref>[https://www.businesstimes.com.sg/real-estate/plaza-hotels-us600m-deal-may-go-ahead-with-new-buyers Business Times - Plaza Hotel's US$600m deal May Go Ahead With New Buyers]</ref> The acquisition is financed through a $415 million loan from British real estate investors [[David and Simon Reuben]].<ref>[https://www.foxbusiness.com/features/new-yorks-plaza-hotel-to-sell-for-600-million Fox Business - New York's Plaza Hotel to Sell for $600 Million]</ref> |
In May 2018, Khan and [[Kamran Hakim]], a prominent [[New York City]] landlord and property investor, entered into an agreement to purchase the [[Plaza Hotel]], an historic and high profile luxury property in [[Manhattan]], for $600 million from [[Sahara India Pariwar]], a [[London]]-based [[India]]n conglomerate.<ref>[https://www.cnbc.com/2018/03/27/up-next-for-crypto-crazed-investors-a-slice-of-nycs-plaza-hotel.html CNBC - Up Next For Crypto-Crazed Investors: A Slice of NYC's Plaza Hotel]</ref><ref>[https://www.bloombergquint.com/onweb/2018/05/08/plaza-hotel-s-600-million-deal-may-go-forward-with-new-buyers Bloomberg - Plaza Hotel's $600 Million Deal May Go Forward With New Buyers]</ref><ref>[https://www.businesstimes.com.sg/real-estate/plaza-hotels-us600m-deal-may-go-ahead-with-new-buyers Business Times - Plaza Hotel's US$600m deal May Go Ahead With New Buyers]</ref> The acquisition is partially financed through a $415 million loan from British real estate investors [[David and Simon Reuben]].<ref>[https://www.foxbusiness.com/features/new-yorks-plaza-hotel-to-sell-for-600-million Fox Business - New York's Plaza Hotel to Sell for $600 Million]</ref> |
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==Personal life== |
==Personal life== |
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Revision as of 09:28, 8 June 2018
Shahal M. Khan | |
|---|---|
| Born | |
| Nationality | American |
| Alma mater | American University Johns Hopkins University |
| Occupations |
|
| Notable work | Purchase of the Plaza Hotel |
Shahal M. Khan is an American venture capitalist and executive. He is primarily known for his purchase of the Plaza Hotel in New York City from the Sahara Group, alongside Kamran Hakim (one of NYC's largest landlords), for $600 million.[1]
Career
Khan was one of the founders of Fortune Investment House, a Bahrain-based real estate investment bank, and Global Voice Telecom.
He was CEO of Centile, a French software company based in Monaco, from 2004 to 2006.
Khan helped found and served as Vice Chairman of Zebasolar, a solar energy company. He also served as a partner at GlobalTurk Capital, a Turkish merchant bank, from 2012 to 2016.
Plaza Hotel
In May 2018, Khan and Kamran Hakim, a prominent New York City landlord and property investor, entered into an agreement to purchase the Plaza Hotel, an historic and high profile luxury property in Manhattan, for $600 million from Sahara India Pariwar, a London-based Indian conglomerate.[2][3][4] The acquisition is partially financed through a $415 million loan from British real estate investors David and Simon Reuben.[5]
Personal life
Khan was born in New York, United States, of Indian and Pakistani heritage. He received a bachelor's degree in economics from American University and a master's degree in international development from the Johns Hopkins University Nitze School of Advanced International Studies.[6] Khan maintains his primary residence in Washington, D.C..[7]
External links
- Bloomberg - Executive Profile: Shahal M. Khan
- Global Data Sentinel - official profile
- White City Ventures - official profile
- Mice 360 - official profile
References
- ^ New York Times - Deal is Reached to Sell the Plaza Hotel
- ^ CNBC - Up Next For Crypto-Crazed Investors: A Slice of NYC's Plaza Hotel
- ^ Bloomberg - Plaza Hotel's $600 Million Deal May Go Forward With New Buyers
- ^ Business Times - Plaza Hotel's US$600m deal May Go Ahead With New Buyers
- ^ Fox Business - New York's Plaza Hotel to Sell for $600 Million
- ^ Shahal Khan - Linkedin
- ^ Global Data Sentinel - Management Team: Shahal M. Khan