Jr Bilbes

Bellafonte Inn - 29850 Circle R Way, Escondido, CA 92026 B Area https://www.tripadvisor.com/Hotel_Review-g32358-d119723-Reviews-Bellafonte_Resort-Escondido_California.html

New comment Apr 14

Jr Bilbes

1 like • Apr 14

This is for Escondido, but Bellefonte is in San Diego jurisdiction not Escondido. This gentleman is willing to help us out if we can give him and see what he can do on his end if we find another one in his county line. Good afternoon, Thanks for reaching out to the City of Escondido’s Planning Services. Please feel free to inquire about any specific properties, or provide a specific operations plan so that we can review and provide direction and response as best as we are able. I have CC’d my colleague, Joel Cvetko, who is currently conducting research on the implementation of our existing ordinances and proposed updates for Residential Care Facilities, and whether your proposed land use would qualify under these types of definitions. Please feel free to submit to us any questions or comments you would have, and we would be happy to assist you. Regards, Alex Rangel Associate Planner | Planning Services Development Services | City of Escondido 760-839-4542 www.escondido.gov @Seth Sundberg @Deepak Mathur

Jr Bilbes

Mar 12 •

General discussion

CN-3 zoning work?

I gotten a few motels/hotels that are currently empty? @Seth Sundberg @Deepak Mathur

New comment Mar 13

Jr Bilbes

0 likes • Mar 13

Chapter 17.33 - CN NEIGHBORHOOD CENTER COMMERCIAL ZONES REGULATIONS | Planning Code | Oakland, CA | Municode Library

Jr Bilbes

1 like • Mar 13

I have a broker out of Oakland who has given me an empty property less than 50. If I understand this zoning correctly, it could be a good start. @Seth Sundberg @Deepak Mathur

Seth Sundberg

Sep '25 •

Deal Acquisitions Specifics

Rehab Center (MASTER THREAD)

@Joshua Holliday @Deepak Mathur @Jr Bilbes Let's use this thread as the primary one Rehab Center conversation while looking for a property to acquire. Once we identify one we'll branch off to a specific thread for that specific deal but during the search let's keep everything here so it's easier to refer back to. I've told some of my brokers in the area this is our buy-box for the platform and to send me what they have or are working on: looking for hotels in Northern California [INSERT YOUR AREA] that are in B/A areas, 30-100 keys, preferably 2000 or newer, in close to but not actually in residential locations because we'll need to be able to rezone the hotel. We should also consider competition in the areas we're looking as well. Here is the last place I underwrote with a lot of notes on the Acquisition-NF page (this is assuming 6 months of no cash flow in year one but should probably 0 cash flow in year one and then a lease up ramp in year two): https://docs.google.com/spreadsheets/d/1EfyFf48s1XIjQAbt3h-CYwdlE5b82nuSe1hd6oqhCWk/edit?usp=sharing Some CA examples: - https://www.serenityknolls.com/ - https://pvrecovery.com/ (Santa Rosa - only 6 beds?) - Luxury drug and alcohol treatment [i don't think this is the right model for us]: https://help.legacyhealingla.com/ - https://pathwaysrecovery.com/treatment-programs/detoxification/ (Roseville - this looks like a large house)

New comment Mar 6