Poydras Street Riverfront Hotel
2 Poydras St, New Orleans, LA 70130, USA
1,200-room convention hotel. Debt matures in 2027 and DSCR sits under covenant after two quiet convention years. Flood zone AE behind the river levee; wind deductible is 5% of insured value.
Call the relationship manager- Loan balance
- $35,200,000
- Risk rating
- Special mention
- Maturity
- Oct 1, 2027
- LTV %
- 75
- DSCR
- 1.07