Hyatt Regency Indianapolis
A hotel property in Indianapolis, Indiana. Securitized in 1 CMBS deal in 2023.
$140.9MAppraised value (latest deal)
63.4%Occupancy
$9.0MUnderwritten NOI
6.4%Implied cap rate
- Address
- 1 South Capitol Avenue, Indianapolis, IN 46204
- Property type
- Hotel · Full Service
- Year built
- 1977
- Size
- 499 Rooms
- Sponsor
- William J. Yung III, Martha Yung, William J. Yung IV, Joseph A. Yung, Julie A. Haught, Jud
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMO 2023-C5 | 2023-06-21 | $140.9M | 63.4% | $9.0M | 6.4% | $39.9M | 41.5% | 1.65x | 424B |
Historical NOI reported in BMO 2023-C5
| Period ending | NOI |
|---|---|
| 2/28/2023 | $9.1M |
| 12/31/2022 | $9.1M |
| 12/31/2021 | $4.5M |
More CMBS properties in Indiana →
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%.