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:
- Property Type: Hotel
- Transaction Amount: $53,000,000
- Lender: Michael Collier & Douglas Tiesi
- Landlord: Norman Radow
- Landlord's Representatives: Jordan Roeschlaub, Christopher Kramer, Tyler Dumon & Tate Keir - Newmark
- Loan Type: Refinance
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
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