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2045 S Park Pl Nw, Atlanta,...

Suraj Desai Of Blue Mountain Capital Secures $9 Million Refinance For Atlanta Hotel
FINANCEDHotel

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

Suraj Desai

Blue Mountain Capital

Broker

$1B

vol

44 deals

Broker

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