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PCCP Provides Mez Refi for Hilton San Francisco
PCCP, LLC provided a $20-million, fixed-rate, mezzanine loan for the refinance of the Hilton San Francisco Financial District. The 544-key full-service hotel is located at 750 Kearny St. in downtown San Francisco, and is owned and operated by Justice Investors, LP, an entity controlled by The InterGroup Corporation.
“PCCP is pleased to provide this loan to an experienced owner/operator of a strong-performing Hilton hotel ideally located in the heart of San Francisco’s Financial District,” said PCCP’s Dorian Farhang.
The 26-story tower is located at the corner of Washington Street and Kearny Street. The hotel enjoys city and bay views from all of its guest rooms, since no hotel rooms are located below the fifth floor. The property features a restaurant and a lobby bar, 21,936 square feet of meeting space, a fitness center, a business center, and an executive lounge. Going-forward, ownership plans a full renovation of the corridors and guestrooms.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing


