Updated Mar 11, 2025
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.
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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