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160 Ted Turner Drive Northwest

Norman Radow Secures $53 Million Refinance Loan For Hotel At 160 Ted Turner Drive Atlanta
FINANCEDHotel

Norman Radow Secures $53 Million Refinance Loan For Hotel At 160 Ted Turner Drive Atlanta

160 Ted Turner Drive Northwest

$53,000,000

Building Size

Asset Type

Hotel

Closing

Jun 8, 2026

AI

The property involved in the transaction is a hotel located at 160 Ted Turner Drive Northwest in Atlanta, GA. This asset type has a total of 315 keys and the refinancing loan was set at an amount of $53,000,000.

Summary of transation details:

The transaction highlighted key players including the lender team of Michael Collier and Douglas Tiesi, while the landlord was represented by Jordan Roeschlaub, Christopher Kramer, Tyler Dumon, and Tate Keir from Newmark, showcasing a collaborative effort in this refinancing deal.

Players

Christopher Kramer

Newmark

Broker

$23B

vol

115 deals

Broker

Norman Radow

Landlord

$212.5M

vol

3 deals

Landlord

Market Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.30%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93