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501 Geary Street, San Franc...

Stockdale Capital Partners Acquires Hotel In San Francisco For $77M
SOLDHotel

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

Stockdale Capital Partners
Stockdale Capital PartnersBuyer

Shawn Yari

Stockdale Capital Partners

Buyer

$236M

vol

6 deals

Buyer
Pebblebrook Hotel Trust
Pebblebrook Hotel TrustSeller

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