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601 Cyprus Street
FINANCED

Silverpeak Provides $26.5M Loan For Hotel In Pismo Beach

601 Cyprus Street

Hotel
5,000 SF
clock iconFinanced 1 year ago
Elliot Eichner
Patrick Brown
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Summary

Loan
CALIFORNIA
Hotel
5,000 sqft

The hotel located at 601 Cyprus Street in Pismo Beach, has recently been involved in a closed transaction. The loan amount for this transaction was $26,500,000. The lender for this transaction was Silverpeak. The property is owned by Somera Capital Management. The market value of the property was not disclosed.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $26,500,000
  • Address: 601 Cyprus Street
  • Market: Pismo Beach

Elliott Eichner and Patrick Brown from Sonnenblick-Eichner served as the brokers for this transaction.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Elliot Eichner's profile picture
Elliot Eichner
Sonnenblick-Eichner Company-image
Co-Founder and Principal
$100M Sold

Details

Deal Summary
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FINANCED
IMAGE: Elliot Eichner and Patrick Brown DATE: 02/25/2019 ADDRESS: 601 Cyprus Street MARKET: Pismo Beach ASSET TYPE: Hotel LENDER: Silverpeak LANDLORD: Somera Capital Management BROKERS: Elliot Eichner & Patrick Brown - Sonnenblick-Eichner LOAN AMOUNT: $26,500,000

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Address601 Cyprus Street

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