Courtyard Marriott - King Kamehameha
A hotel property in Kailua-Kona, Hawaii. Securitized in 1 CMBS deal in 2017.
$133.0MAppraised value (latest deal)
85.1%Occupancy
$7.4MUnderwritten NOI
5.6%Implied cap rate
- Address
- 75-5660 Palani Road, Kailua-Kona, HI 96740
- Property type
- Hotel · Full Service
- Year built
- 1975
- Size
- 452 Rooms
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMCC 2017-JP5 | 2017-03-29 | $133.0M | 85.1% | $7.4M | 5.6% | $39.9M | 30.0% | 3.06x | 424B |
Historical NOI reported in JPMCC 2017-JP5
| Period ending | NOI |
|---|---|
| 12/31/2015 | $6.8M |
| 12/31/2014 | $6.1M |
More CMBS properties in Hawaii →
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%.