Berkadia Real Estate Advisors LLC is pleased to offer, on an exclusive basis, the opportunity to acquire the fee-simple interest in the 92-key Monsaraz San Diego, Tapestry Collection by Hilton (“Hotel” or “Property”), located in Point Loma.

Offering spectacular views of San Diego Bay, the Hotel is only steps away from Fisherman’s Landing and the San Diego Harbor boardwalk. The Property benefits from excellent connectivity to San Diego’s preeminent demand drivers, including world-famous beaches, Liberty Station, various military bases and associated advanced warfare technology companies, the Convention Center, Gaslamp District, San Diego International Airport, Sea World, San Diego Zoo, and Balboa Park.

The Hotel is strategically positioned to appeal to both the corporate business traveler and leisure guest alike. The Hotel is located along the bay and near the entrance to San Diego’s famed Shelter Island, home to a world-class concert venue, plenty of oceanfront eateries, an urban beach and marina. Nearby large corporate users include Boeing, Department of Homeland Security, Cubic, and Innovative Design Technologies (IDT), to name a few. The Hotel also boasts proximity to the Point Loma Naval Base, Fleet Anti-Submarine Warfare Training Base, and the Marine Corps Recruit Depot San Diego (MCRD). Additionally, the Hotel is located just over one mile from the San Diego International Airport, which is currently in the midst of a nearly $4.0 billion terminal redevelopment project.

Completed in May 2021, the Hotel represents the first hotel development in 25 years in Point Loma, a testament to the high barriers-to-entry nature of the market.

This offering provides investors the opportunity to acquire a recently constructed, high-quality, institutional asset in one of the San Diego’s most dynamic submarkets. Coupled with a minimal PIP, the Monsaraz is poised for excellent long-term growth fundamentals through the market’s diverse mix of corporate, military, healthcare, education, government and leisure demand generators. The Property is non-union and offered unencumbered of management.