Stockdale Capital Partners Acquires Hotel In San Francisco For $77M
501 Geary Street, San Francisco, California 94102, United States
$77,000,000
Building Size
—
Asset Type
Hotel
Closing
Jun 28, 2022
AI
The Hotel located at 501 Geary St. in San Francisco was recently sold in a transaction. The property, which is a Hotel, was sold by Pebblebrook Hotel Trust to Stockdale Capital Partners, represented by Steven & Shawn Yari. The sale took place on 06/29/2022. The sale price for the Hotel was $77,000,000. The transaction included 208 keys, and the price per key was $370,192.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $77,000,000
- Address: 501 Geary St.
- Market: San Francisco
Stockdale Capital Partners, represented by Steven & Shawn Yari, acquired the Hotel from Pebblebrook Hotel Trust on 06/29/2022. The transaction involved a total of 208 keys, with a price per key of $370,192.
Players
San Francisco Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93