Stonehill Provides $73.8M Bridge Loan For Santa Monica Hotel

The property involved in this transaction is a hotel located at 1415 Ocean Avenue in Santa Monica. The hotel consists of 84 keys and is owned by BLVD Hospitality & ESI Ventures. The loan amount for this transaction is $73,800,000, and the loan type is bridge. Stonehill, represented by Keegan Bisch, is the lender in this deal.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $73,800,000
• Address: 1415 Ocean Avenue, Santa Monica
• Market: Santa Monica
• Loan Type: Bridge
• Lender: Stonehill - Keegan Bisch
• Landlord: BLVD Hospitality & ESI Ventures

In addition to Stonehill, Keegan Bisch represents the lender in this transaction. The involvement of BLVD Hospitality & ESI Ventures as the landlord further highlights the key individuals and companies involved in this deal.