Sonnenblick-Eichner Company Arranges $22M Loan For Commerce, CA Hotel At 5757 Telegraph Rd

Located at 5757 Telegraph Rd in Commerce, CA, a hotel property was recently involved in a closed transaction. The property consists of 201 keys and was transacted on 11/29/2022. The deal was facilitated by brokers Elliot Eichner and Patrick Brown from Sonnenblick-Eichner Company.

Summary of transation details

• Property Type: Hotel
• Transaction Date: 11/29/2022
• Address: 5757 Telegraph Rd, Commerce, CA
• Market: Commerce, CA
• Asset Type: Hotel
• Keys: 201
• Brokers: Elliot Eichner & Patrick Brown - Sonnenblick-Eichner Company

The hotel property was financed through a five-year fixed-rate loan amounting to $22,000,000. The terms of the loan are non-recourse, offering favorable conditions for the buyer.