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.
LTC: 62%
