Seven Hills Realty Trust Closes $29M Bridge Loan For SunCoast Park Hotel In Anaheim, California

Seven Hills Realty Trust (SEVN) closed a $29.0 million bridge loan for the SunCoast Park Hotel Anaheim, part of Hilton's Tapestry Collection. The 174-room hotel in Anaheim, California offers SEVN diversification and an attractive risk-adjusted return with a two-year initial term and three one-year extension options.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $29,000,000
• Address: 1640 South Clementine Street - SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton
• Market: Anaheim
• Keys: 174

Tom Lorenzini of Seven Hills Realty Trust represented the landlord in this transaction.