Lincoln Embassy Suites
A hotel property in Lincoln, Nebraska. Securitized in 1 CMBS deal in 2024.
$71.2MAppraised value (latest deal)
52.1%Occupancy
$5.0MUnderwritten NOI
7.0%Implied cap rate
- Address
- 1040 P Street, Lincoln, NE 68508
- Property type
- Hotel · Full Service
- Year built
- 2000
- Size
- 252 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 | $71.2M | 52.1% | $5.0M | 7.0% | $1.7M | 32.1% | 4.17x | 424B |
Historical NOI reported in WFCM 2024-5C2
| Period ending | NOI |
|---|---|
| 8/31/2024 | $3.4M |
| 12/31/2023 | $5.0M |
| 12/31/2022 | $4.9M |
More CMBS properties in Nebraska →
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%.