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191 Sutter Street, San Fran...

Updated Mar 11, 2025

Bilt advertisement
Continental Partners Provides $37.5M Bridge Loan For Galleria Park Hotel In San Francisco
FINANCEDHotel

Continental Partners Provides $37.5M Bridge Loan For Galleria Park Hotel In San Francisco

191 Sutter Street, San Francisco, California 94115, United States

$37,500,000

$341/SF

Building Size

109,673 SF

Asset Type

Hotel

Closing

May 5, 2022

About this deal

AI

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $37,500,000
  • Address: 191 Sutter St.
  • Market: Financial District, San Francisco
  • SF: 109,673
  • Keys: 177
  • Lender: Continental Partners
  • Landlord: Galleria Park Hotel Group
  • Brokers: Ryan Foster & Mitch Paskover - Continental Partners

The hotel loan at 191 Sutter Street, San Francisco, California 94115, United States in San Francisco, California financed for $37.5M in 2022. The building is 109,673 square feet, implying about 341 per square foot on the published price. Named participants on the 191 Sutter Street, San Francisco, California 94115, United States loan are Ryan Foster, Mitch Paskover. This page is the San Francisco, California file for the 191 Sutter Street, San Francisco, California 94115, United States hotel financed: pricing, party profiles, and other closed hotel comps from the same San Francisco sit in the Market section below. Filter that San Francisco hotel set by closing date to see what else financed near 191 Sutter Street, San Francisco, California 94115, United States around 2022. Published consideration for 191 Sutter Street, San Francisco, California 94115, United States is $37.5M, dated 2022. Cite this Continental Partners Provides $37.5M Bridge Loan For Galleria Park Hotel In San Francisco loan when underwriting similar hotel product around San Francisco, California.

Players

Mitch Paskover
Verified Badge

Mitch Paskover

Continental Partners

Broker

$775.2M

vol

13 deals

Broker
Continental Partners
Continental PartnersLender

San Francisco Hotel Market Snapshot

Boundary boundary · Hotel · Loan transactions

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Deal FAQ

About $341 per square foot on a published $37.5M for 109,673 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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