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Ritz Carlton Residences Construction Loan; San Francisco

Loan Amount
$0
Property Type
Hospitality
Area
San Francisco
Purpose
Construction
Brand
Ritz Carlton Residences

Located in the heart of downtown San Francisco, First Financial Capital had provided a construction loan for the development of the Ritz Carlton Residences in San Francisco which consists of 52 residential units within 24 floors. FFC had worked an agreement with the sponsor where 75% of the principal payment received for each of the units sold would be allocated towards paying down the [OLB (outstanding loan balance).](https://www.firstfincap.com/articles/acronyms)

the structure is considerably the best place to live in San Francisco. The Ritz Carlton brand has a reputation for offerings premium services. Each of the residential units feature top of the line appliances, top tier finishes, 24-hour concierge & valet, on top of all of the other services that the brand offers.

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