Development Site
Investment Highlights
San Francisco boutique hotel opportunity. 225-room fee-simple hotel in the heart of Japantown/Nob Hill. Currently operated under Hyatt’s JdV flag but can be acquired unencumbered by brand and management for a minimal fee. Features 13,000 SF of meeting/event space, including a 4,600 SF ballroom, plus a Michelin-starred restaurant. Ownership invested $39M+ in renovations, including a comprehensive 2018 repositioning. The hotel has achieved approximately 146% RevPAR penetration, benefiting from the continued recovery of San Francisco’s tech, AI, convention, and international travel sectors. Located adjacent to $41M+ of public redevelopment projects in one of the city's most supply-constrained lodging submarkets. Asking: $73M (~$324K/key) | ~6.5% Cap Rate.
Location
📍 Off-market — general area withheld
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded development site mortgages since 2021, from public ACRIS filings.
- Bcc Funding Crf LLC — 9 loans, typically $530K–$1.01M
- S3 Re 30-11 12TH Street Funding LLC — 4 loans, typically $405K–$8M
- G4 18267, LLC — 3 loans, typically $1.5M–$68.64M
- Pccp Lm Manager, LLC — 3 loans, typically $8.5M–$82.13M
- S3 Re 19 Clay St Funding LLC — 3 loans, typically $6.89M–$38.74M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
