El San Juan, PR
$30,000,000
RHF originated a mezzanine loan behind a complicated senior loan structure in order to fund the renovation and repositioning of this historic hotel. Recognizing the property’s potential and the value of the real estate, we looked past the island’s economic woes, hurricane risk, and Zika-related disruption to properly underwrite our risk and provide the borrower with the necessary proceeds to execute their business plan.