Updated Oct 12, 2026
Kauri Investments Secures $30.8 Million Refinance For Hyatt House Seattle Downtown Hotel
201 5th Avenue North
$30,800,000
Building Size
—
Asset Type
Hotel
Closing
Oct 8, 2026
About this deal
AI
The asset involved in this transaction is the Hyatt House Seattle/Downtown, a hotel located at 201 5th Avenue North in Seattle, WA. The property includes 172 keys and was the subject of refinancing activities totaling $30,800,000. The refinancing is structured as a floating-rate loan with a term of five years.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $30,800,000
- Loan Type: Refinance
- Loan Terms: 5-year
- Landlord: Kent A. Angier - Kauri Investments
- Broker Representatives: Adrienne Andrews & Jessica Mehra - JLL
The refinancing transaction was arranged by JLL, which negotiated specific terms including an interest-rate hedge facilitated by Derivatives. This hedge was implemented to reduce the fixed rate and help meet the borrower’s debt service coverage target.
On the Map
$30,800,000
Hotel
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93