Tidewater Capital, Graves Hospitality & EJF Capital Refinances Oakland Hotel With $35M Loan

Tidewater Capital, Graves Hospitality, and EJF Capital have secured a $35 million loan to refinance a hotel located at 2225 Telegraph Avenue in Oakland. The loan was obtained on June 21, 2022, and involves an asset with 172 keys. The property is situated in the Oakland market.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $35,000,000
• Address: 2225 Telegraph Avenue, Oakland
• Market: Oakland
• Loan Type: Refinance
• Keys: 172

The lender, Tidewater Capital, Graves Hospitality, and EJF Capital, sought representation from Sonnenblick-Eichner Company to facilitate the transaction.