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In The Media

Loan matures November 9, 2024 for Ritz Carlton in Santa Barbara

by Larry Chiang on May 26, 2024

Alert set up for Ritz-Carlton Bacara Santa Barbara hotel loan
image1.jpeg
Ritz-Carlton Bacara Santa Barbara
Per Shashankh Aryal and “@cred_iq”:
✅- 358 keys
✅- 70% avg. occupancy as of Q3 23
✅- 0.46x DSCR as of Q3 23
✅- Loan matures 11/9/24
For more distressed real estate alerts, follow @aryal1994 
image0.jpeg
Separately, we are actively investing in hospitality assets. If you have off-market hotel deals, please reach out

 
 
Shashankh Aryal
⁦‪@aryal1994‬⁩
New watchlist hotel loan.

The Ritz-Carlton Bacara Santa Barbara.

Per ⁦‪@cred_iq‬⁩:

– 358 keys

– 70% avg. occupancy as of Q3 23

– 0.46x DSCR as of Q3 23

– Loan matures 11/9/24

For more distressed real estate alerts, follow ⁦‪@aryal1994‬⁩

Separately, we are actively investing… pic.twitter.com/1TtgmBEu6Y

 
5/26/24, 8:15 AM
 
 


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