{"id":1004153274,"date":"2016-09-23T04:19:49","date_gmt":"2016-09-23T12:19:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004153274"},"modified":"2022-03-03T14:12:20","modified_gmt":"2022-03-03T22:12:20","slug":"financing-secured-for-unique-golden-gate-area-hospitality-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-unique-golden-gate-area-hospitality-asset\/","title":{"rendered":"Financing Secured for Unique Golden Gate-Area Hospitality Asset"},"content":{"rendered":"<p>By Alex Girda<\/p>\n<p><strong>San Francisco<\/strong>\u2014A <a href=\"https:\/\/www.commercialsearch.com\/news\/hotel\/\" target=\"_blank\" rel=\"noopener\">hospitality facility<\/a> in the Golden Gate Bridge area recently received a financing measure totaling $75 million. <a href=\"https:\/\/www.sonnenblickeichner.net\/\" rel=\"nofollow noopener\" target=\"_blank\">Sonnenblick-Eichner Co.<\/a> arranged the financing through an international money center bank. The property in question, namely Cavallo Point-The Lodge at the Golden Gate, is the area\u2019s first ever national park lodge, that in 2015 received awards from <em><a href=\"https:\/\/www.travelandleisure.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Travel + Leisure Magazine<\/a><\/em>.<\/p>\n<div id=\"attachment_1004153275\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004153275\" data-attachment-id=\"1004153275\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/financing-secured-for-unique-golden-gate-area-hospitality-asset\/cavallo-point\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg\" data-orig-size=\"1500,963\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;20&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1211307967&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;45&quot;,&quot;iso&quot;:&quot;50&quot;,&quot;shutter_speed&quot;:&quot;2&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Cavallo Point\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Cavallo Point &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg?w=1024\" class=\"wp-image-1004153275 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg\" alt=\"Cavallo Point \" width=\"300\" height=\"193\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg 1500w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg?resize=300,193 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg?resize=768,493 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Cavallo-Point.jpg?resize=1024,657 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004153275\" class=\"wp-caption-text\">Cavallo Point<\/p><\/div>\n<p>Located within the Golden Gate National Recreation Area on the northern end of the iconic bridge, the 142-key facility offers 25,000 square feet of indor and outdoor meeting space, the Healing Arts Center &amp; Spa that totals 11,000 square feet, a retail outlet, a fitness center, and a cooking school. Cavallo Point occupies a 45-acre lot on the premises of the former Fort Bake military base.<\/p>\n<p>The financing arranged by Sonnenblick Eichner is a non-recourse, five-year balance sheet, LIBOR-based loan. According to Principal Elliot Eichner, the borrower selected a floating-rate balance sheet loan that would allow for a higher degree of flexibility.<\/p>\n<p><em>Image courtesy of Sonnenblick-Eichner Co. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property is located at the northern foot of the Golden Gate bridge, on the grounds of the former Fort Baker military base. <\/p>\n","protected":false},"author":41,"featured_media":1004153275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21751,21742,1609,15],"tags":[],"class_list":["post-1004153274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-hotel","category-latest","category-san-francisco","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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