On December 23, 2011, LoganView Capital, through a newly formed limited partnership, acquired a $2.4 million loan secured by a second deed of trust on the 120 room Hilton Garden Inn located in Pismo Beach, CA. The terms of the transaction were not disclosed.
Craig Stevenson, Principal and CEO of LoganView, orchestrated the transaction with the assistance of acquisition and partnership counsel provided by the law offices of Susan Brooke Thompson, and lender counsel provided by the law offices of Kathleen Johnson.
LoganView Capital is a Santa Barbara, CA based specialty real estate firm focused on purchasing both commercial real estate loans and commercial properties and efficiently managing acquired assets post-closing. Craig Stevenson brings over 20 years of diversified experience in commercial real estate, including property and debt acquisitions, asset management, finance, development and operations. Stevenson has been actively involved in over $790 million of real estate and real estate related debt transactions through corporate and entrepreneurial ventures.
LoganView Capital LLC
Ph. (805) 963-8808