Continental Partners Provides $37.5M Bridge Loan For Galleria Park Hotel In San Francisco

191 Sutter Street

Hotel

109,673 SF

Financed 1 year ago

Summary

Loan

CALIFORNIA

Hotel

109,673 sqft

Summary of transaction details

Property Type: Hotel
Transaction Amount: $37,500,000
Address: 191 Sutter St.
Market: Financial District, San Francisco
SF: 109,673
Keys: 177
Lender: Continental Partners
Landlord: Galleria Park Hotel Group
Brokers: Ryan Foster & Mitch Paskover - Continental Partners

Players

All
3

Agents
2
Agencies
1

Details

Deal Summary

FINANCED

IMAGE: Mitch Paskover & Ryan Foster DATE: 05/06/2022 ADDRESS: 191 Sutter St. MARKET: Financial District, San Francisco ASSET TYPE: Hotel ~ SF: 109,673 ~ KEYS: 177 LENDER: Continental Partners LANDLORD: Galleria Park Hotel Group BROKERS: Ryan Foster & Mitch Paskover (@Mitch8181) - Continental Partners LOAN AMOUNT: $37,500,000 LOAN TYPE: Bridge LOAN TERMS: 3 year non-recourse bridge loan at 5.90% to stabilize operations post-Covid

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Address191 Sutter Street

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