Radisson Blu Aqua Hotel
A hotel property in Chicago, Illinois. Securitized in 1 CMBS deal in 2018.
$117.5MAppraised value (latest deal)
75.6%Occupancy
$6.7MUnderwritten NOI
5.7%Implied cap rate
- Address
- 221 North Columbus Drive, Chicago, IL 60601
- Property type
- Hotel · Full Service
- Year built
- 2011
- Size
- 334 Rooms
- Sponsor
- Seldar Cayman Finance Ltd.
- Loan purpose
- Refinance
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 | $117.5M | 75.6% | $6.7M | 5.7% | $44.0M | 54.5% | 2.24x | 424B |
More CMBS properties in Illinois →
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%.