Frisco Embassy Suites
A hotel property in Frisco, Texas. Securitized in 1 CMBS deal in 2024.
$109.1MAppraised value (latest deal)
69.9%Occupancy
$9.2MUnderwritten NOI
8.4%Implied cap rate
- Address
- 7600 John Q Hammons Drive, Frisco, TX 75034
- Property type
- Hotel · Full Service
- Year built
- 2005
- Size
- 330 Rooms
- Sponsor
- Atrium Holding Company
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| WFCM 2024-5C2 | 2024-11-19 | $109.1M | 69.9% | $9.2M | 8.4% | $2.6M | 32.1% | 4.17x | 424B |
Historical NOI reported in WFCM 2024-5C2
| Period ending | NOI |
|---|---|
| 8/31/2024 | $9.1M |
| 12/31/2023 | $7.2M |
| 12/31/2022 | $5.0M |
More CMBS properties in Texas →
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%.