CityCenter (Aria & Vdara)
A hotel property in Las Vegas, Nevada. Securitized in 2 CMBS deals in 2026.
$7.03BAppraised value (latest deal)
94.2%Occupancy
$632.4MUnderwritten NOI
9.0%Implied cap rate
- Address
- 3730 South Las Vegas Boulevard and 2600 West Harmon Avenue, Las Vegas, NV 89158
- Property type
- Hotel · Full Service
- Year built
- 2009
- Size
- 5,349 Rooms
- Sponsor
- Blackstone Real Estate Partners IX L.P.
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK5 2026-5YR20 | 2026-02-09 | $7.03B | 94.2% | $632.4M | 9.0% | $96.0M | 36.2% | 4.46x | 424B |
| BMO 2026-5C14 | 2026-03-10 | $7.03B | 94.2% | $632.4M | 9.0% | $75.0M | 36.2% | 4.46x | 424B |
Historical NOI reported in BMO 2026-5C14
| Period ending | NOI |
|---|---|
| 9/30/2025 | $635.4M |
| 12/31/2024 | $583.7M |
| 12/31/2023 | $586.0M |
More CMBS properties in Nevada →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.