Hilton Charlotte University Place
A hotel property in Charlotte, North Carolina. Securitized in 1 CMBS deal in 2014.
$65.0MAppraised value (latest deal)
69.3%Occupancy
$5.7MUnderwritten NOI
8.8%Implied cap rate
- Address
- 8629 JM Keynes Drive, Charlotte, NC 28262
- Property type
- Hotel · Full Service
- Year built
- 1987, 1999
- Size
- 393 Rooms
- Sponsor
- Kenneth Kochenour
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2014-UBS3 | 2014-06-04 | $65.0M | 69.3% | $5.7M | 8.8% | $44.9M | 69.2% | 1.79x | 424B |
Historical NOI reported in COMM 2014-UBS3
| Period ending | NOI |
|---|---|
| most recent | $5.5M |
| 12/31/2013 | $5.2M |
| 12/31/2012 | $5.2M |
More CMBS properties in North Carolina →
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%.