$7,200,000 Refinance Secured for Hospitality Property in Chula Vista, CA

Feb 26, 2026 Bank
Deal Summary

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

RecordedLenderAmountInstrumentType
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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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.
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