Wilshire Quinn Capital Provides $12.55M Refinance Loan For Laguna Beach Hotel Portfolio | Wilshire Quinn Capital Provides $12.55M Refinance Loan For Laguna Beach Hotel Portfolio | Wilshire Quinn Capital | Hotel | Loan

Summary

Loan

CALIFORNIA

Hotel

33,556 sqft

The Wilshire Quinn Income Fund, managed by Wilshire Quinn Capital, has provided a $12.55 million refinance loan for a hotel portfolio in Laguna Beach. The portfolio consists of a boutique hotel and a resort hotel, both conveniently located near the ocean. The total square footage of the properties is 33,556, and they have a combined 68 keys.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $12,550,000
Address: Hotel Portfolio
Market: Laguna Beach
Keys: 68

The loan was secured from Wilshire Quinn Capital, with Christopher Garcia acting as their representative. As the CEO of Wilshire Quinn Capital, Garcia emphasizes their commitment to providing swift lending solutions during a time of tightening liquidity and heightened commercial lending restrictions.

Players

All
1

Lenders
1

Wilshire Quinn Capital

Details

Deal Summary

FINANCED

IMAGE: 12/07/2023 ADDRESS: Hotel Portfolio MARKET: Laguna Beach ASSET TYPE: Hotel ~ SF: 33,556 ~ KEYS: 68 LENDER: Wilshire Quinn Capital (@WilshireQuinn) - Christopher Garcia LOAN AMOUNT: $12,550,000 LOAN TYPE: Refinance NOTE: Wilshire Quinn Capital's Wilshire Quinn Income Fund has provided a $12.55 million refinance loan for a Laguna Beach hotel portfolio, featuring a boutique hotel and a resort hotel, both strategically located near the ocean. CEO Christopher Garcia underscores their commitment to swift lending solutions amid tightening liquidity and heightened commercial lending restrictions.

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AddressWilshire Quinn Capital Provides $12.55M Refinance Loan For Laguna Beach Hotel Portfolio

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