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Hotel Loan - $4,300,000 - Days Inn - San Diego, CA

In this transaction San Diego Commercial & Business Financing was able to facilitate the purchase of this well managed and well run Days Inn Hotel in San Diego, CA.  We were able to deliver our loan at WELL below market rates at the time because of the quality of the property and the quality of the client.  

LTV:      61%
Term:    Fully adjustable loan with additional $1MM Line of Credit, amortized over 25 years
Rate:     3.15%
Prepay:  Step Down