$6,600,000 Loan in San Francisco

Rubicon provided the funds needed to secure the investment acquisition of this 65-unit 21,000 square foot historic San Francisco hotel. The hotel was founded in 1906 and features a European style, furnished with Victorian era heirlooms and historic photographs.  Ground floor tenant is home to an iconic San Francisco restaurant in a premium North Beach location. This hotel is within walking distance of popular San Francisco locations such as Ghirardelli Square, Pier 39, and Lombard Street. Borrower is a seasoned hotel operator. 

Loan Amount: $6,600,000

Loan Term: 36 Months

LTC: 62%

Lien Position: First Position Deed of Trust