Marriott Charlotte City Center
A hotel property in Charlotte, North Carolina. Securitized in 1 CMBS deal in 2018.
$170.0MAppraised value (latest deal)
73.0%Occupancy
$13.1MUnderwritten NOI
7.7%Implied cap rate
- Address
- 100 West Trade Street, Charlotte, NC 28202
- Property type
- Hotel · Full Service
- Year built
- 1984
- Size
- 446 Rooms
- Sponsor
- Carey Watermark Investors 2 Incorporated
- Loan purpose
- Acquisition
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $170.0M | 73.0% | $13.1M | 7.7% | $30.0M | 60.6% | 2.76x | 424B |
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%.