DoubleTree Seattle Airport
An other property in SeaTac, Washington. Securitized in 2 CMBS deals in 2017.
$75.7MAppraised value (latest deal)
$5.4MUnderwritten NOI
7.1%Implied cap rate
- Address
- 18740 International Boulevard, SeaTac, WA 98188
- Property type
- Other · Leased Fee
- Year built
- 1969-1983
- Size
- 579,432 SF
- Sponsor
- iStar Inc.
- Loan purpose
- Recapitalization
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BANK 2017-BNK5 | 2017-06-29 | $75.7M | $5.4M | 7.1% | $8.0M | 65.6% | 424B | ||
| DBJPM 2017-C6 | 2017-06-29 | $75.7M | $5.4M | 7.1% | $8.0M | 65.6% | 2.12x | 424B |
More CMBS properties in Washington →
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%.