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Brownstone Hotel

Category: Projects

Brownstone Hotel

300 N 2nd St
Memphis, TN


Property NameCrowne Plaza
Project Cost$5,300,000
Approval Date1998-05-26
Year Opened1999


PILOT Details

LesseeCP Memphis LLC
Lessee Address400 Second Ave, South Charleston, WV 25303
Term18 Years
Approval DateMay 26, 1998
Close Date8/31/1998 0:00:00
Extension Term Years15
Term Mos216.00
Extension Term Mos180
Status From DateActive
Expected Term Date8/31/2031 0:00:00
Remaining PILOT Years7.43
Pilot Documents
Instrument #JP3069
August 1, 1999 - Assignment of rents
Instrument #12147835
December 28, 2012 - Foreclosure to GE
Instrument #15047787
May 20, 2015 - Assignment to CP Memphis LLC
Instrument #KC7144
March 27, 2000 - Special Warranty Deed to Leasehold Estate and Assignment of Lessee's Interest in Lease
Instrument #HS9120
August 31, 1998