Redondo Beach’s The Portofino Hotel & Marina Secures $38MM in Financing

BEVERLY HILLS, Calif.-- Sonnenblick-Eichner Company announced that it has arranged $38,000,000 of interim first mortgage leasehold financing for The Portofino Hotel & Marina, a 161-room full service hotel located in Redondo Beach, California. The new five-year floating rate LIBOR-based loan replaces a maturing loan and provides interest carry through stabilization. The hotel features a full […]