Hotel Benefits from Refi and Moscone Renovation

The four-diamond AAA-rated hotel includes 43,000 square feet of meeting space.

SAN FRANCISCO—The city’s newest hotel just got more bling. First mortgage financing of $110 million will refinance the InterContinental San Francisco, a 32-story 550-room hotel located adjacent to the expanding Moscone Convention Center in SOMA. Sonnenblick-Eichner Company arranged the funding.

“The InterContinental San Francisco is the newest high-rise hotel to have been developed in San Francisco and is the only San Francisco hotel that is contiguous to the Moscone Convention Center, which is completing a 300,000-square-foot expansion,” Sonnenblick-Eichner Company principal David Sonnenblick tells GlobeSt.com. “Being the flagship property for InterContinental Hotels Group in the gateway city of San Francisco will result in the property continuing to be one of the finest performing hotels in the market.”