$4.5M  JV Equity and $42.5M Bridge Loan for Hotel Aquisition;

 

Property:

74 room boutique hotel

Location:

1 Main St, St Helena, CA, in the Napa Valley

Financing:

HRC arranged both the $4,500,000 joint venture equity and the $42,500,000 non-recourse bridge loan for the hotel acquisition and construction of a new restaurant and additional rooms. The JV equity came from patient overseas investors.