Kevin Vaughan And Matthew Weinstein Secure $67.5M Loan For Atlanta Hotel Acquisition
590 West Peachtree Street Northwest
$67,500,000
$313/SF
Building Size
215,147 SF
Asset Type
Hotel
Closing
Sep 30, 2025
AI
The property asset involved in this transaction is a hotel located at 590 West Peachtree Street Northwest in Atlanta, GA. The hotel comprises 215,147 square feet and offers a total of 462 keys. The acquisition loan amount for this property is $67,500,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $67,500,000
- Lender: Mark Moskowitz - University Place Asset Management
- Landlord: Kevin Vaughan - Monomoy Property Ventures & Matthew Weinstein - Axonic Capital
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Holden Witkoff & Nina Russo - Newmark
- Loan Type: Acquisition
This transaction features key individuals such as Mark Moskowitz representing the lending side, and the landlords Kevin Vaughan and Matthew Weinstein overseeing the ownership interests. The landlord's representation is completed by a team from Newmark, which includes Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Holden Witkoff, and Nina Russo, highlighting the collaboration between these professionals in facilitating the deal.
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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93