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Wilshire Quinn Provides Refi Loan on Laguna Beach Hotels
Wilshire Quinn Capital said its private lending fund, the Wilshire Quinn Income Fund, has provided a $12,550,000 refinance loan on a hotel portfolio in Laguna Beach. The first property is a two-story, 7,070-square-foot boutique hotel, comprised of 14 keys with 1,800 square feet of street-level retail. The second property is a three-story, 24,686-square-foot resort hotel, comprised of 54 rooms, a fitness center and pool, with 54 parking spaces.
Both hotel properties are located a block from the ocean and less than half a mile from downtown Laguna Beach.
“At the core of our bridge lending platform is our commitment to providing swift lending solutions amid tightening liquidity and heightened commercial lending restrictions,” said CEO Christopher Garcia. “This commitment ensures our borrowers escape the delays typical of traditional lenders.”
- ◦Financing


