The Roosevelt New Orleans Waldorf Astoria
A hotel property in New Orleans, Louisiana. Securitized in 1 CMBS deal in 2015.
$255.7MAppraised value (latest deal)
74.4%Occupancy
$17.4MUnderwritten NOI
6.8%Implied cap rate
- Address
- 130 Roosevelt Way, New Orleans, LA 70112
- Property type
- Hotel · Full Service
- Year built
- 1893
- Size
- 504 Rooms
- Loan purpose
- Refinance
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMBB 2015-C31 | 2015-08-28 | $255.7M | 74.4% | $17.4M | 6.8% | $82.5M | 64.5% | 1.70x | 424B |
Historical NOI reported in JPMBB 2015-C31
| Period ending | NOI |
|---|---|
| 12/31/2014 | $17.0M |
| 12/31/2013 | $15.5M |
More CMBS properties in Louisiana →
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%.