Commerce Street Grand
1321 Commerce St, Dallas, TX 75202, USA
Historic 430-room downtown hotel. RevPAR is recovering but group bookings are still 18% below the 2019 level. Debt matures in 2027 and the sponsor has asked for a 12-month extension.
Call the relationship manager- Loan balance
- $33,000,000
- Risk rating
- Watch
- Maturity
- Apr 1, 2027
- LTV %
- 71
- DSCR
- 1.12