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100 Legends Bay Drive

Cory Jubran Aidan McLaughlin And Jean Liu Of Nuveen Green Capital Provide $35.8M Loan For Hotel
FINANCEDHotel

Cory Jubran Aidan McLaughlin And Jean Liu Of Nuveen Green Capital Provide $35.8M Loan For Hotel

100 Legends Bay Drive

$35,800,000

$447/SF

Building Size

80,000 SF

Asset Type

Hotel

Closing

Oct 30, 2025

AI

The asset involved in this transaction is a hotel located at 100 Legends Bay Drive in Sparks, NV. The property spans 80,000 square feet and was subject to a recapitalization for energy and water efficiency measures.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $35,800,000
  • Loan Type: Recapitalization
  • Loan Terms: 27
  • Lender: Cory Jubran, Aidan McLaughlin & Jean Liu - Nuveen Green Capital

The deal was facilitated by a team consisting of Cory Jubran, Aidan McLaughlin, and Jean Liu, who led the transaction. NGC provided flexible, long-term C-PACE financing, allowing Olympia Companies to refinance an existing construction loan with more favorable terms.

Players

Nuveen Green Capital
Nuveen Green CapitalLender

Sparks 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

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93