Stonehill Provides $30M Refinance Loan For Glendale, San Jose, & Portland Hotels

The property involved in the transaction is a hotel located at 225 W. Wilson Avenue, 601 SW 11th Avenue, 2105 North 1st Street, and 82 Karina Court. The hotel has a total of 754 keys and is situated in Glendale, San Jose, and Portland, Ore.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $30,000,000
• Address: 225 W. Wilson Avenue, 601 SW 11th Avenue, 2105 North 1st Street, and 82 Karina Court
• Market: Glendale, San Jose, and Portland, Ore.

The lender involved in this transaction is Stonehill, represented by Mathew Crosswy. The loan type is a refinance loan. The landlord of the property is the Shashi Group and Liberty Hotel Investments.