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June 13, 2024
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South Lake Tahoe Resort Refinanced with New $13 Mil, Three-Year Loan

8/03/15

Urbana Realty Advisors obtained $13.33 mil in refi money for the Beach Retreat & Lodge, a 262-room, lakefront, boutique resort hotel located in South Lake Tahoe, CA. Situated on seven acres at 3411 South Lake Tahoe Boulevard, the hotel is approximately four miles from Lake Tahoe Airport and is 189 miles east of San Francisco and 35 miles west of Reno, Nevada.

The three-year, floating-rate loan was arranged by James Fowler and Chip Sykes of HFF, and funded through CapitalSource, a division of Pacific Western Bank. Loan proceeds will be used to refinance existing debt and provide funds for additional minor capital improvements.

Beach Retreat & Lodge consists of five buildings and features 500 linear feet of beach front on Lake Tahoe, the largest alpine lake in the U.S. The hotel has an outdoor heated pool, 24-hour fitness center, outdoor games and activities, full-sized beach volleyball court and The Beach Club with cabanas, lounge chairs and menu service on the beach.

Guests have two dining options, The Tavern at Tahoe and The Boathouse, which is located on the longest pier in Lake Tahoe. Additionally, through an on-site marine operator, guests can rent boats, jet skis and kayaks.

Renovated in 2012 through 2014, the hotel has completed upgrades to guest rooms, the lobby and restaurant space; constructed an outdoor fire pit and patio area; and completed the Beach Retreat Conference Center, which has in excess of 4k sf of flexible meeting and event space with on-site catering and state-of-the-art technology.





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