Home Finance $48.3MM Loan Connected to 378-Room DoubleTree Berkeley Marina Hotel Facing Potential Default
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$48.3MM Loan Connected to 378-Room DoubleTree Berkeley Marina Hotel Facing Potential Default

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Hotel sign on top of a building with a blue sky
Photo by João Marcelo Martins on Unsplash
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By The Registry Staff The DoubleTree Berkeley Marina, Berkeley's largest hotel and a significant tenant on its waterfront, is teetering on the brink of default. According to industry reports, the $48.3 million loan secured by the 378-room property has been transferred to special servicing this month due to an "imminent monetary" default. The waterfront hotel […]

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