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Indianapolis

LMF Commercial Provides $9.75M Refinancing Loan For Indianapolis Hotel With Nihad Choudhury
FINANCEDHotel

LMF Commercial Provides $9.75M Refinancing Loan For Indianapolis Hotel With Nihad Choudhury

$9,750,000

Building Size

Asset Type

Hotel

Closing

Oct 7, 2025

AI

The asset involved in the transaction is a hotel located in Indianapolis, IN, featuring a total of 129 keys. The property is associated with a loan amount of $9,750,000 which is designated as a refinance. The financial structure of the loan includes a CMBS type with a 5-year term and a 30-year amortization schedule.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $9,750,000
  • Lender: LMF Commercial
  • Loan Originator: Nihad Choudhury
  • Loan Type: Refinance
  • Loan Terms: CMBS- 5 Year Term, 30 Year Amortization

In this transaction, LMF Commercial acted as the lender with Nihad Choudhury as the loan originator, playing crucial roles in facilitating the refinance of the hotel asset. Their involvement underscores the financial aspects of the transaction.

Players

Nihad Choudhury

LMF Commercial

Lender

$172.3M

vol

25 deals

Lender
LMF Commercial
LMF CommercialLender

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

1.63%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93