• (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610
  • (800) 510-2214
  • info@albcommercialcapital.com
  • Cal BRE License #01379610

75 Room Hospitality

Another Successful Funded Loan

  • $6,825,000
  • 5 Year Fixed @ 5.75%
  • Purchase-65% LTV
  • 75 Rooms
  • Hotel-Hospitality
  • Victorville,Ca


This was a purchase transaction assignment for repeat clients who were in a 1031 exchange. They recently sold two large apartment buildings in the San Bernardino Area which we had financed for them a few years back and now financed for new buyers.


The biggest challenge for these clients has typically been their complex structure, but this also was going to be their first bank loan for a Hospitality type property. 


Fortunately we have worked with the clients on multiple transactions and therefore were familiar with their structure, and we were able to identify a lender that we had a strong banking relationship with and they offered us very competitive rates & terms.