Suraj Desai Of Blue Mountain Capital Secures $9 Million Refinance For Atlanta Hotel
2045 S Park Pl Nw, Atlanta, Ga 30339
$9,000,000
Building Size
—
Asset Type
Hotel
Closing
Jul 9, 2026
AI
The property asset involved in the transaction is a hotel located at 2045 S Park Place Northwest in Atlanta, GA. The hotel comprises 128 keys and is part of the hospitality market. The transaction is a refinance, with a loan amount of $9,000,000 and a loan term of 2 years.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $9,000,000
- Loan Type: Refinance
- Loan Terms: 2 Year Term
- Address: 2045 S Park Place Northwest
- Market: Atlanta, GA
- Keys: 128
- Capital Markets Advisor: Suraj Desai - Blue Mountain Capital
Key individuals involved in the deal include Suraj Desai, who serves as the capital markets advisor representing the financing aspects of this transaction. He is associated with Blue Mountain Capital, which facilitated the refinancing process.
Players
Atlanta 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93