Suraj Desai's LackBearCapitalPartners Facilitates $22.9M Acquisition Loan For 157-Key Hotel In Aurora, CO | 16475 East 40th Circle | Suraj Desai | Hotel | Loan

Summary

Loan

COLORADO

Hotel

The 6-story, 157-key hotel located at 16475 E 40th Circle in Aurora, CO has been acquired through a loan. The property, situated near Denver International Airport, was financed with a 3-year floating rate loan at 75% loan-to-value (LTV). The loan amount for this acquisition was $22,900,000, with interest-only payments.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $22,900,000
Address: 16475 E 40th Circle, Aurora, CO
Market: Aurora, CO
Keys: 157

The acquisition of this hotel was facilitated by the broker Suraj Desai from BlackBearCapitalPartners.

Players

All
2

Agents
1
Agencies
1

Suraj Desai

Senior Managing Director

Black Bear Capital Partners

Details

Deal Summary

FINANCED

IMAGE: Suraj Desai DATE: 12/13/2021 ADDRESS: 16475 E 40th Circle MARKET: Aurora, CO ASSET TYPE: Hotel ~ KEYS: 157 BROKER: Suraj Desai - @BlackBearCapitalPartners LOAN AMOUNT: $22,900,000 LOAN TYPE: Acquisition LOAN TERMS: The 6-story, 157-key hotel near Denver International Airport was financed with a 3-year floating rate loan at 75% LTV with interest-only payments.

View on map

Address16475 East 40th Circle

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want