Jake Wurzak & Charles Paloux Of DoveHill Capital Management Secure $42 Million Refinance Loan For Hotel In Reston
FINANCED
$42,000,000
Virginia
See Similar DealsHotel
Financed 07/22/2025
FINANCED
Jake Wurzak & Charles Paloux Of DoveHill Capital Management Secure $42 Million Refinance Loan For Hotel In Reston
11810 Sunrise Valley Drive
See Similar DealsHotel
Financed 07/22/2025
Summary
VIRGINIA
Asset Type:Hotel
Transaction Type:Loan
The asset involved in this transaction is a hotel property located at 11810 Sunrise Valley Drive in Reston, consisting of 302 keys.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $42,000,000
- Loan Type: Refinance
- Loan Terms: Floating rate loan
- Lender: Bridge Investment Group
- Landlord: Jake Wurzak & Charles Paloux - DoveHill Capital Management
- Brokers: Scott Wadler, Alec Fox & Harry Mancera - Berkadia
This transaction involves key individuals such as Jake Wurzak and Charles Paloux, who represent the landlord, while Scott Wadler, Alec Fox, and Harry Mancera serve as brokers from Berkadia, facilitating the deal.
Players
BROKERAGE
LANDLORD
LANDLORD
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$42,000,000.00
Monthly NOI$280,000.00
Monthly Debt Service$265,468.57
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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