Holiday Inn Express & Suites Greenville Airport — Sold

83-room Limited-Service Hotel located in Greer, SC

The Holiday Inn Express & Suites Greenville Airport, a member of the InterContinental Hotels Group network, is an 83-room, three-story limited-service hotel located in Greer, SC, ten miles from downtown Greenville and three miles from the Greenville-Spartanburg International Airport.  The Hotel is situated between the business hubs of Greenville and Spartanburg, and offers quick access to the area's top companies, including Michelin, BMW and GE.  Hotel amenities include a free, hot breakfast, an indoor pool, Fitness Center, and free wired and wireless Internet access.  The hotel sits on a 2.2 acre lot, and the Sale included an additional 1 acre parcel of undeveloped land.

Americas Best Value Inn & Suites Royal Carriage — Sold

25-room Limited-Service Hotel located in historic Jamestown, CA

The ABVI Royal Carriage is a 25-unit limited-service hotel that was built between 1920 and 1936 in Jamestown, California.  The hotel's amenities include a manager's unit, a large dining and parlor room, in-house laundry, and a complimentary breakfast.  The guestrooms are situated within six buildings, including one two-story main building with 15 guestrooms, and five cottage buildings containing ten guestroom units.  9 out of the 10 cottage units have their own kitchens.  The ABVI Royal Carriage is located on the east side of Main Street, the main thoroughfare in Jamestown, CA. There are a number of commercial establishments in the immediate area, including restaurants, retail, hotels or inns, the County Sheriff’s Office, as well as multiple single-family homes.

Comfort Suites Oakley — Sold

80-room Limited-Service Hotel located in Oakley, CA

The Comfort Suites Oakley is an 80-room, three-story limited-service hotel located in Oakley, CA, part of the growing San Francisco Bay Area, East Bay sub-market.  The hotel sits on a 2.02 acre lot and is located conveniently just off Hwy 4 and Hwy 160 at the borders of Antioch and Pittsburg.  The hotel is within easy reach of popular local attractions, such as Six Flags Discovery Kingdom and Mount Diablo State Park.  The Comfort Suites Oakley offers a luxury hotel setting at a surprisingly affordable hotel price.  Whether you're looking for accommodations for family travel or searching for the perfect business hotel, Comfort Suites Oakley is the place to relax in comfort.

Winton Hotel — Sold

102-room Hotel + two street level Commercial spaces in Mid-Market, Downtown San Francisco

The Winton is a 102-room hotel that operates 47 tourist hotel rooms and 55 residential rooms.  Located in the growing Mid-Market neighborhood of downtown San Francisco, the Winton Hotel is surrounded by some of the most popular tourist attractions in the City.  Just blocks from Union Square and the Powell Street trolley cars, the Winton Hotel is located directly in the heart of San Francisco.  This historic building has been a piece of the San Francisco landscape since 1907.  This Hotel also has two commercial units on the ground floor with curb appeal and heavy foot traffic along the O'Farrell Street corridor.

Mill Valley Development Site — In Escrow

Ten acres of Senior Housing development land in Mill Valley, CA

Located within the Mill Valley zip code (94941), but part of the unincorporated community of Marin County.  This prime Southern Marin County neighborhood is just five miles from the northern terminus of the Golden Gate Bridge and approximately 10 miles north of downtown San Francisco.  Surrounded by scenic natural attractions and beauty including Muir Woods, Mt. Tamalpais, Sausalito, Tiburon, Richardson Bay and Stinson Beach.

Located at the base of Mt. Tamalpais, and overlooking the Richardson Bay Wetlands, the property is situated alongside the picturesque and peaceful Shoreline Highway (Highway 1), which provides convenient access to US Highway 101, whether travelling south to San Francisco or just a short distance north to Northern California's infamous Wine Country.  This Offering was a very rare opportunity to develop in the extremely high barrier to entry Southern Marin market, which is experiencing a surge in demand for Senior Housing, coupled with a lack of supply, leading to a very attractive proposition for Senior Housing developers.

Avalon Development Site — In Escrow

Over two acres of Multi-Family development land in San Mateo, CA

The Avalon Motel site was offered to the market as an opportunity to develop an approximately 145 unit Multi-Family Residential Complex.  The property was eligible for CHFA tax credits if a developer chose to build low income housing.  The property is zoned R-4 by the City of San Mateo, with permitted uses that include, Multi-Family, Condominium, Senior Housing, Residential Development, and Small-Scale attendant retail.  This site has good visibility and access with a normal depth to frontage ratio.  Apartment rents in this area have been increasing dramatically and condominium sales have also increased, specifically in the City of San Mateo, so this Offering presented the market with an incredible opportunity to capitalize on the increasing growth and demand being experience in this area of the Peninsula.  The Avalon Motel site was one of the only remaining Multi-Family development sites in the City of San Mateo.

Hercules Development Site — In Escrow

Over six acres of Commercial development land in Hercules, CA

Hercules is ideally situated on beautiful San Pablo Bay, midway between San Francisco and Napa, with handsome homes,safe neighborhoods, and many exciting new projects planned.  This diverse waterfront community is poised to expand its reputation as a great place to live.  Located on the southeast corner of the I-80 and Hwy 4 interchange in Hercules, CA this lot is perfectly situated in a high traffic area with great visibility from the road.  The 196,730 daily Traffic Count will undoubtedly attract a large number of consumers to this central location.

858 Washington Street — Sold

115-room Hotel + fifteen street level Commercial spaces in China Town, San Francisco

858 Washington is a 115-room residential hotel, mixed-used building, located in the heart of San Francisco’s Chinatown District on the edge of North Beach, and within walking distance from the Financial District and Union Square. The property is surrounded by shopping, restaurants, tourist attractions, and a multitude of nightlife options, including art, culture, and an incredibly diverse and vibrant restaurant, bar, and social scene. San Francisco's Chinatown is the largest Chinatown outside of Asia as well as the oldest Chinatown in North America. It is one of the top tourist attractions in San Francisco, drawing more visitors annually than even the Golden Gate Bridge.  In addition to being located in one of the most sought after areas of San Francisco, 858 Washington is just steps away from San Francisco's major public transportation hubs, multiple Muni lines, and the up-and-coming Chinatown Central Subway Station.

Country Inn & Suites Charlotte Airport — Sold

119-room Limited-Service Hotel in Charlotte, NC

The Country Inn & Suites Charlotte Airport, a member of the Carlson Rezidor Hotel Group, is a 119-room, two-story limited-service hotel.  The hotel sits on a 3.16 acre lot and is located just 6 miles from downtown and 2 miles from Charlotte-Douglas International Airport.

The Country Inn & Suites Charlotte Airport presented the Market with an exciting opportunity to purchase and operate a quality branded airport hotel in Charlotte, one of the country's most rapidly-growing lodging markets.

Hilton Milwaukee River (Holiday Inn Milwaukee Riverfront) — Sold

162-room Full-Service Hotel + the Anchorage Restaurant in Milwaukee, WI

The Hilton Milwaukee River, now known as the Holiday Inn Milwaukee Riverfront Hotel, is a 162-room, five-story full-service hotel located on the scenic banks of the Milwaukee River in Milwaukee, Wisconsin.  The hotel sits on a 4.8 acre lot and is located adjacent to Interstate 43 and five miles north of downtown Milwaukee in the North Shore sub-market of the City of Milwaukee.  The hotel features an upscale, full service, waterfront restaurant and bar, The Anchorage, a local favorite and award winning establishment.  The Hotel was sold with several potential full-service flag conversion options as the Hilton franchise license was set to expire.  Purchaser decided on the Holiday Inn flag, and completed a full renovation of the Property, interior and exterior, immediately after acquisition.  

Hillsdale Hotel — Sold

80-room Hotel + two street level Commercial spaces in Mid-Market, Downtown San Francisco

The Hillsdale Hotel is an 80-room hotel, with a ground level retail space.  The hotel has a long-term lease in place that is guaranteed by the City of San Francisco.  Building is located in one of the fastest growing and rapidly improving neighborhoods in San Francisco. With multiple new development projects in the neighborhood, the Hillsdale is perfectly situated on the 6th St. corridor. It can be prominently seen from Market St. and is within walking distance to the Civic Center, Union Square, Financial District and many other classic San Francisco neighborhoods.  The Hillsdale is within walking distance to some of the best food, entertainment and culture that San Francisco has to offer.

Oakland Hotel Development Site — Sold

Future home of the SpringHill Suites by Marriott, Oakland International Airport, Oakland, CA

This site was a 1.95 Acre Parcel of raw law land located on Hegenberger Road, just outside of the Oakland International Airport.  This parcel has access from both Hegenberger Road and Pardee Dr., and will be developed into a 115+ room all-suite Hotel, SpringHill Suites by Marriott.  The proposed Hotel project calls for a 5-story structure with surface parking, approximately 115 rooms, and all amenities associated with an upper tier limited-service all-suites Hotel.

This is a prime location, just one minute from the entrance to the Airport and directly adjacent to the famous Francesco's Restaurant and Oakland Harley Davidson.  The site is also just minutes from Interstate 880, the Oakland Coliseum, and Oracle Area, home to the Oakland A's, Oakland Raiders, and Golden State Warriors.

Drake Hotel — Sold

64-room Hotel + two street level Commercial spaces in Mid-Market, Downtown San Francisco

The Drake Hotel is a 64-room residential hotel centrally located in the heart of San Francisco on the edge of San Francisco’s rapidly growing Mid-Market (MidMa) District.  This 15,855 square foot, 64-room residential hotel, is a three story building, with two street level commercial retail tenants, and ample amounts of storage space in the full basement.  The building also includes a one bedroom manager’s unit with kitchen and private bath.  Most of the major systems were upgraded prior to the Sale (electric system, sprinkler and fire alarm system, forced air heat, hot water storage tanks, video surveillance system, etc.), so this Offering presented the Market with an incredible value, strong Cap Rate, and little upfront Capital Expenditure upon acquisition.

Baldwin House Hotel — Sold

194-room Hotel + two street level Commercial spaces in Mid-Market, Downtown San Francisco

The Baldwin House Hotel is a 194-room residential hotel centrally located in the heart of San Francisco’s up-and-coming Mid-Market neighborhood. There are 167 Single Room Occupancy (SRO) licensed rooms, 21 Tourist licensed rooms, and 6 non-conforming units. The building also includes a one bedroom manager's unit on the ground floor with private bath. This 33,952 square foot, 194-room residential hotel, is a 5 story building, situated over two commercial retail spaces on 6th Street, with ample amounts of storage space in the 7,000+ square foot basement. Most of the major systems had been upgraded prior to the Sale (electric system, sprinkler and fire alarm system, forced air heat, hot water storage tanks, video asurveillance system, roof, etc.). The fourth and fifth floors had recently been completely remodeled, and Purchaser continued to renovate the Property upon acquisition. The Baldwin is surrounded by art, culture, and an incredibly diverse and vibrant restaurant, bar, and nightlife scene. This area around Mid-Market (“MidMa”) is quickly being transformed in an unprecedented fashion by an influx on new businesses, technology companies, and real estate development. Companies such as Twitter, Yammer, Zendesk, Zoosk, One Kings Lane, CallSocket, Dolby, and Benchmark Capital are now located in the MidMa area. This migration of business and companies into this submarket has spurred residential and retail improvements as well, including an influx of new restaurants/cafes/bars such as Dottie’s True Blue Café, Pearl’s Deluxe Burgers, A Temporary Offering, and Off the Grid.

30 Sycamore — Sold

31-room Hotel in the Mission District, San Francisco

The Sycamore is a 31-room residential hotel (“SRO”) located in one of the up-and-coming areas of San Francisco, The Mission District. There are 24 licensed SRO units + 7 non-conforming rooms, including a manager's unit. The ground floor has substantial storage space and two garages that can be rented for additional income. Most of the major systems had been upgraded prior to the Sale (electric system, sprinkler and fire alarm system, forced air heating, hot water storage tanks, video surveillance system, roof, etc.). Located in the heart of The Mission District, the Sycamore is centrally located in San Francisco, surrounded by art, culture, and an incredibly diverse and vibrant restaurant and bar scene. Rents and real estate values have been on the steady rise in the Mission as the area becomes gentrified. A younger, Silicon Valley techie crowd has been steadily moving in, having a direct positive influence on the local economy, rents, and real estate values. In fact, Mark Zuckerberg, founder of FaceBook, recently purchased a home in the Mission near this Hotel.

Casa Loma Hotel — Sold

51-room Limited-Service Hotel + street level Commercial space in Hayes Valley, San Francisco

The Casa Loma is a 51-room, limited-service, European pensione style hotel located in the middle of San Francisco. The Hotel is ideally located just a short walk from Lower Haight Street and Hayes Valley, where there is an abundance of trendy cafes, bars, restaurant and shopping. This area is underserved by hotels and so demand for rooms in this sub-market of San Francisco was strong. The hotel provides comfortable and spacious rooms, some with shared bathrooms, and some with private bathrooms.

Abigail Hotel — Long Term Lease

62-room Hotel + Restaurant in Civic Center District, San Francisco

The Abigail Hotel is a 62-room hotel located in San Francisco’s Civic Center. It is a hybrid building that includes both residential hotel rooms and tourist hotel rooms. It also hosts a commercial unit on the ground floor that is currently occupied and run as a restaurant. This ideal location is great for guests looking to explore the best San Francisco has to offer, very centrally located, and directly adjacent to Civic Center, UC Hastings College of the Law, and multiple Federal and State Courts and government buildings. It’s close proximity to restaurants, bars, and nightlife makes the Abigail Hotel a perfect setting for tourists to unwind after a long day of sightseeing.

Garland Hotel — Long Term Lease

80-room Hotel on O’Farrell, Downtown San Francisco

The Garland Hotel is an 80-room hotel located in San Francisco’s Mid-Market neighborhood between Union Square and Civic Center. This historic building is a hybrid building that includes both residential hotel rooms and tourist hotel rooms. All rooms were renovated, including the addition of Kitchenettes, before the Property was leased to the current operator. The long term lease that was negotiated by the Ehmer Group created a strong and reliable revenue generator for the current lessor, and presented the operator with a valuable opportunity to expand and grow their business in a high barrier to entry market like San Francisco.

Shree Ganeshai Hotel — Sold

30 room SRO + two street level commercial spaces on 6th Street, Downtown San Francisco

The Shree Ganeshai Hotel is a 31-room residential hotel located in the heart of downtown San Francisco in the rapidly developing the Mid-Market (“MidMa”) Improvement District. The Property is located within walking distance from all major public transportation hubs and surrounded by shopping, restaurants, and a multitude of nightlife options. This 8,712 square foot, 31-room residential hotel, has two ground floor commercial retail tenants, and is situated in on one of the busiest streets in the City. This area around Mid-Market Street is quickly being transformed in an unprecedented fashion by an influx on new businesses, technology companies, and real estate development. Companies such as Twitter, Yammer, Zoosk, One Kings Lane, CallSocket, Dolby, and Benchmark Capital are now located in the MIDMA area. This migration of business and companies into this submarket has resulted in an influx of new restaurants/cafes/bars, including Dottie's True Blue Café, Pearl's Deluxe Burgers, A Temporary Offering, and Off the Grid. In addition to being located in one of the most rapidly improving areas of San Francisco, The Shree Ganeshai Hotel is just steps away from San Francisco's major public transportation hubs, multiple Muni lines, the Bart, and the Caltrain.

Vantaggio Suites — Sold

70-room Hotel on O’Farrell, Downtown San Francisco

Vantaggio Suites O’Farrell is a 70-room hotel located in downtown San Francisco, just four blocks from world famous Union Square. The five-story, 22,550 square foot, 70-room residential/tourist hotel was constructed in 1938 and includes both residential hotel rooms and tourist hotel rooms. The Property is situated along the 38 Geary Muni bus line, and is a few short blocks to the Muni and BART underground train which offers easy access to all parts of San Francisco and the entire Bay Area. The Vantaggio Suites O’Farrell is also conveniently located within walking distance to many great shops, restaurants, theatre, and a vibrant social scene. The top floor of the hotel has a kitchen and common area for guests to prepare food, socialize or browse the Internet in a separate computer room. On the basement level, there is an area with laundry facilities for guests.

Cartwright Hotel — Sold

114-room Hotel in Union Square, San Francisco

Located just one block from Union Square, the epicenter of San Francisco’s best shopping, dining and entertainment, the Cartwright is classic San Francisco charm. The upscale hotel is just minutes from the Financial District and Moscone Center. Guests of the Cartwright can walk one block to catch a ride on the famous Powell Street cable car line to take you on top of San Francisco and down to Fisherman’s Warf. The location is walkable to Chinatown, Nob Hill, and the famed North Beach district. Just a few blocks from the theatre district, it’s also easy to saunter into some of the best performances on the West Coast, or enjoy local music and art shows at Union Square’s central stage. Apart from its excellent location and quintessential charm, the Cartwright offers full amenities and premium guest services making it the perfect choice for any traveler, business or pleasure. Located in the heart of San Francisco, this Cartwright Hotel is sure to please.

Crescent Hotel (Mystic Hotel by Charlie Palmer) — Sold

90 room Hotel + restaurant and bar in Union Square, San Francisco

This 8-story, 82-room upscale hotel was completely renovated in 2010 before being sold. Over $5.5 million was spent on new plumbing, electrical, heating and fire/life safety systems. The guest rooms, featuring high ceilings, white marble bathrooms, and custom furniture evoke a strong commitment to quality. The Purchaser of the Crescent, Celebrity Chef Charlie Palmer, continued with this dedication to quality, as can be experienced at the Burritt Room + Tavern, the full-service restaurant and bar located on the second floor of the Hotel. The hotel resides just one block from the famous Union Square neighborhood, with easy access to the world-class retail, dining, entertainment, and lodging center of San Francisco. Surrounded by Macy's, Neiman Marcus, Saks Fifth Avenue, and Niketown, the Union Square Park hosts the city's holiday celebrations and ice rink in the winter and musical acts and special events throughout the year. The Powell Street cable car line enters the Square on the west, with major theatres, art galleries, signature restaurants and small shops integrated into the fabric of the area.

Mosser Financial Hotel — Sold

124 room SRO + street level commercial space in the Financial District, San Francisco

The Mosser Financial Hotel is located between Kearny and Montgomery Streets in the Financial District of downtown San Francisco. The building is a retrofitted UMB structure built in 1912. The hotel’s tenant base is split between long term rentals and weekly/monthly guests. The Mosser has 124 hotel rooms and two commercial spaces. The two commercial spaces serve as home for two local community-based organizations. The Mosser Financial Hotel is situated in an ideal walking location close to Union Square and some of the most vibrant night life in San Francisco. Recent UMB work and a basement build-out were completed prior to the Sale, which raised the value of the Property and offered an up-to-date and attractive investment to investors.