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 0162
DSCR 2.83
LTV 68.00
Note Rate N/A
Property Location CA
NAICS 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 $250,000
Original Loan Amount $20,000,000
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