Tony Gupta Of LXMI Capital Acquires Hotel From Charles Leddy Of Presidian Hospitality In San Antonio
611 Northwest Loop 410
Building Size
—
Asset Type
Hotel
Closing
Aug 13, 2026
About this deal
AI
The asset involved in the transaction is a hotel, specifically the DoubleTree by Hilton San Antonio Airport located at 611 Northwest Loop 410 in San Antonio, TX. The deal was financed with a loan amount of $36.4 million from Fortress Investment Group.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Undisclosed
- Buyer: Tony Gupta - LXMI Capital
- Seller: Charles Leddy - Presidian Hospitality
- Lender: Fortress Investment Group
This transaction was carried out in an environment where the airport hotel market in San Antonio is facing challenges, having sold 9% fewer room nights in the fourth quarter of 2025 compared to the previous year.
On the Map
Hotel
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Loop Hotel Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93