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4673 Lassen Road & 2389 North Main Street

Suraj Desai broker a $18,700,000 loan for Hotel property. The deal closed 14 days ago.

  • Location image 4673 Lassen Road, Livermore, California 94551, United States
  • Loan Value
    image $18,700,000
  • Asset Type image Hotel
  • Parties image1 Broker,1 Agency
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Suraj Desai

Black Bear Capital Partners
  • Deals 16
  • Volume $240,270,000
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This Deal on Social

LOAN
IMAGE: Suraj Desai
DATE: 07/27/2022
ADDRESS: 4673 Lassen Road & 2389 North Main Street
MARKET: Livermore & Walnut Creek
ASSET TYPE: Hotel

BROKER: Suraj Desai – Black Bear Capital Partners (@BlackBearCapitalPartners)

LOAN AMOUNT: $18,700,000
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the two (2) property Motel 6 portfolio, totaling 177-keys, was financed with a 5 year term, 25 year amortization senior loan & fixed-rate mezzanine financing.

Text Content: img

LOAN
IMAGE: Suraj Desai
DATE: 07/27/2022
ADDRESS: 4673 Lassen Road & 2389 North Main Street
MARKET: Livermore & Walnut Creek
ASSET TYPE: Hotel

BROKER: Suraj Desai – Black Bear Capital Partners (@BlackBearCapitalPartners)

LOAN AMOUNT: $18,700,000
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the two (2) property Motel 6 portfolio, totaling 177-keys, was financed with a 5 year term, 25 year amortization senior loan & fixed-rate mezzanine financing.

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Capital Markets professional with over 10+years of experience in commercial real estate, focused on the advisory and placement of debt...

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