Fairfield Times Square

A hotel property in New York, New York. Securitized in 1 CMBS deal in 2026.

$124.0MAppraised value (latest deal)
94.4%Occupancy
$10.8MUnderwritten NOI
8.7%Implied cap rate
Address
330 West 40th Street, New York, NY 10018
Property type
Hotel · Limited Service
Year built
2009
Size
244 Rooms
Sponsor
Mark Goldman and David Lifschitz
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BBCMS 2026-5C432026-10-14$124.0M94.4%$10.8M8.7%$15.0M64.5%1.66x424B

Historical NOI reported in BBCMS 2026-5C43

Period endingNOI
5/31/2026$5.9M
12/31/2025$5.5M
12/31/2024$3.2M

More CMBS properties in New York →

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%.