FINANCEDHotel
Morgan Stanley Capital I Inc Provides $240M Loan For Portland Hotel
545 Southwest Taylor Street, Portland, Oregon 97204, United States
$240,000,000
Building Size
—
Asset Type
Hotel
Closing
Sep 12, 2022
AI
The property involved in the transaction is a hotel located at 545 SW Taylor St & 921 SW 6th Ave in Portland, OR. The hotel has a total of 782 keys.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $240,000,000
- Address: 545 SW Taylor St & 921 SW 6th Ave
- Market: Portland, OR
- Lender: Morgan Stanley Capital I Inc
- Loan Amount: $240,000,000
Morgan Stanley Capital I Inc provided a loan amount of $240,000,000 for the hotel property transaction in Portland, OR.
Players
Portland 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
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93