Missoula Marriott Portfolio
Two recently completed Marriott hotels and connected, fully leased retail center in Missoula, MT.
Location
Missoula, MT
Investment Strategy
Core-Plus
Property Type
Mixed Use
Open To
Accredited Investors
Closed Date
Mar 2023
Status
Closed Investment Strategies
.svg)
There is a reason Investopedia has named us Best Overall Real Estate Crowdfunding Platform three years in a row.
*As reported by Investopedia, on 12/31/22, based on a variety of factors.
Sponsor Details
Other Offerings by New Castle Hotels & Resorts
Sponsor Designation
CrowdStreet categorizes sponsors based on their experience and track record so our investors can get a sense of the firm behind the deal.
Enterprise
FIRM AGE15+ YEARS
LEADERSHIP EXPERIENCE30+ YEARS
PORTFOLIO VALUE$5 B +
National Platform
Ranked in the top 250 for estimated value of total holdings per Real Capital Analytics
Tenured
FIRM AGE10+ YEARS
LEADERSHIP EXPERIENCE20+ YEARS
PORTFOLIO VALUE$500 MM +
Leadership has invested together over multiple cycles
Dedicated investor relations and accounting staff
Seasoned
FIRM AGE5+ YEARS
LEADERSHIP EXPERIENCE10+ YEARS
PORTFOLIO VALUE$100 MM +
Network of repeat investors
Established banking relationships
Affiliations with national industry associations ULI, NAOIP, CCIM, SIOR or IREM
Emerging
FIRM AGE< 5 YEARS
LEADERSHIP EXPERIENCE2-5 YEARS
PORTFOLIO VALUE< $100 MM +
Strong leadership experience
Experience in the proposed asset class and geographic market
Experience in managing individual investors
 |
Investor Equity
$40,422,982
38.6%
Sponsor Co-Investment
$4,491,442
4.3%
Second Position Loan
$15,100,000
14.4%
Senior Loan Assumption
$44,838,076
42.8%
|
|
|
Total
$104,852,500
100%
|
||
On the CrowdStreet platform, offerings are treated pari-passu. |
||