Loan Type : Acquisition
Loan : $20,000,000
$20,000,000 in mezzanine financing for the refinance of a of a 549-room Hilton Garden Inn located in San Francisco, CA. The loan was underwritten at 51% loan-to-value and features a term that coterminous with the senior loan in 2024. The loan has a fixed interest rate of 7.25% on a 25-year amortization.