$7,200,000 Refinance Secured for Hospitality Property in Chula Vista, CA
New Omni Bank recorded a $7,200,000 deed of trust on a 31,000 square foot motel at 394 Broadway in Chula Vista. The loan was executed February 26, 2026 and recorded March 30, 2026 in San Diego County under document 87117 (APN 567-090-48-00). County records list the owner as J S K Hospitality Inc.
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Transaction Details
- Closing Date
- Feb 26, 2026
- Loan Amount
- $7,200,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Hospitality
- Source
- County record
Property
- Address
- 394 Broadway
- City, State
- Chula Vista, CA
- Market
- San Diego
Property Facts
- Building Size
- 31,334 sq ft
- Lot Size
- 44,867 sq ft (1.03 ac)
- Year Built
- 1990
- Buildings
- 1
- Zoning
- C
- Subtype
- Motel
- Units
- 87
- Floor Area Ratio
- 0.70
Sale History
Last sold for $6,930,000 on Nov 15, 2019. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 30, 2026 | NEW OMNI BK NA | $7,200,000 | Deed Of Trust | CONVENTIONAL |
| Apr 23, 2024 | NEW OMNI BK NA | $850,000 | Deed Of Trust | CONVENTIONAL |
| May 10, 2022 | NEW OMNI BK NA | $6,573,000 | Modification Of Mortgage | CONVENTIONAL |
| Nov 19, 2019 | NEW OMNI BK NA | $4,413,000 | Deed Of Trust | CONVENTIONAL |
| Aug 26, 2004 | CATHAY BK | $1,500,000 | Deed Of Trust | CONVENTIONAL |
| Dec 2, 1994 | IMPERIAL BK | $1,000,000 | Deed Of Trust | CONVENTIONAL |
| Nov 15, 1991 | FIRST INT'L BK | $300,000 | Deed Of Trust | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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