Goldman Sachs, Peachtree Group Ride Wave of Refinancing in Southern California Hotel Portfolio

Pacifica Hotels has received a nine-figure refinancing package for a portfolio of seven Southern California hotels, including properties in San Diego, Pismo Beach, Venice, and Manhattan Beach. According to Commercial Observer and PERE Credit, Goldman Sachs provided a five-year, fixed-rate commercial mortgage-backed securities loan for six of the hotels, while Peachtree Group supplied a three-year loan secured by the Belamar Hotel Manhattan Beach.

Sonnenblick-Eichner Company arranged the $126.1 million financing deal, which includes a mix of three- and five-year fixed-rate non-recourse loans. The portfolio's seven hotels total 601 rooms and are situated in popular seaside destinations.

While Pacifica Hotels has not publicly commented on the refinancing deal, industry experts speculate that the company may be taking advantage of the current hot market for commercial mortgage-backed securities loans and non-recourse loans. The involvement of major players like Goldman Sachs and Peachtree Group also adds to the buzz surrounding this refinancing package.

The specific terms and conditions of the loans have not been disclosed, but with a total of seven properties involved, it is likely that the deals are significant for both Goldman Sachs and Peachtree Group. The success of this refinancing package may also signal a positive outlook for the Southern California hotel market, which has faced challenges in the past year due to the pandemic.

https://therealdeal.com/la/2025/09/12/goldman-peachtree-provide-refinancing-for-pacifica-hotels/