Marriott Dallas Las Colinas

A hotel property in Irving, Texas. Securitized in 1 CMBS deal in 2025.

$136.0MAppraised value (latest deal)
74.5%Occupancy
$13.3MUnderwritten NOI
9.8%Implied cap rate
Address
223-227 West Las Colinas Boulevard, Irving, TX 75039
Property type
Hotel · Full Service
Year built
1999
Size
361 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

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BANK 2025-BNK492025-03-17$136.0M74.5%$13.3M9.8%$92.2M67.8%1.63x424B

Historical NOI reported in BANK 2025-BNK49

Period endingNOI
12/31/2024$13.9M
12/31/2023$12.1M
12/31/2022$10.5M

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%.