Ashford Hospitality Trust Inc. has sold the 495-room Crowne Plaza Ravinia hotel in Atlanta for $88.7 million, or nearly $179,200/room, using proceeds of the sale to pay down, by $78.7 million, a CMBS loan that was securitized two years ago. ...
Commercial Real Estate Direct Staff Report LaSalle Hotel Properties has funded $80 million of junior mezzanine financing against the Shutters on the Beach and Casa Del Mar, a pair of hotels with 327 rooms in Santa Monica, Calif. The loan ...
Class Amt $mln Sub Level% Avg Life (yrs) RatingMStar RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A 255.46 67.037 2.0 AAA AAA +139 Libor B 93.12 55.022 2.0 AA- AA- +192 Libor C 69.22 ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating S&P Pricing % Final Pricing (bp) Bnch mark A 405.00 38.20 1.83 AAA AAA 100.00 +80 Libor B 95.00 23.70 1.83 AA- AA- 100.00 +120 Libor C 71.00 12.80 ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating MStar Pricing % Final Pricing (bp) Bnch mark A 71.60 61.67 1.99 AAA AAA 100.00 +85 Libor B 27.00 47.22 1.99 AA AA+ 100.00 +130 Libor C 20.00 36.51 ...
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