The proposed four-story hotel building will contain 100,551 square feet of gross building area, per the provided plans. The extended stay hotel will offer 128 guestrooms, a lobby/registration area, breakfast area, bar, meeting room, boardroom, business center, 24-hour marketplace, fitness center, outdoor swimming pool, guest laundry facilities, outdoor patios, and outdoor venue space. The room is comprised of 58 Double Queen Studios, 67 King Studios, and 3, 2-Bedroom Suites.
| Loan ID | 162 |
| DSCR | 2.83 |
| LTV | 68.11 |
| Note Rate | N/A |
| Property Location | CA |
| Type | 721110 |
| Guaranty Type | USDA B&I |
| Loan Term | 30 yrs |
| Rate type | Var |
| Note date | N/A |
| Maturity date | N/A |
| Participation Availability Amount | $2,500,000 |
| Minimum Participation Amount | $2,500,000 |
| Original Loan Amount | $20,000,000 |
| Full Loan Documentation | Link |
| Inquire | Inquire |