Shuttered historic Huntington Hotel on S.F.’s Nob Hill faces threat of foreclosure

The historic Huntington Hotel in San Francisco is in danger of foreclosure and has shut down “until further notice,” according to real estate filings and the hotel’s website.

The luxury hotel at 1075 California St. atop Nob Hill is in default on its mortgage of $56.2 million, according to a notice filed Aug. 16 with the San Francisco County Assessor-Recorder’s Office. The lender, the New York branch of Deutsche Bank, is seeking to foreclose on the loan, the notice says.

The total amount owed, including interest and late fees, was $61.1 million as of Aug. 8, the default notice says, “and will increase until your account becomes current.”

The hotel, as well as its Big 4 Restaurant and Nob Hill Spa, all remain closed until further notice, according to a banner on the hotel’s website, and its phone number was out of service Sunday. Google lists the hotel as “temporarily closed.”

Woodridge Capital, a Los Angeles investment firm, bought the hotel in 2018 from Grace International of Singapore, which had owned it since 2011 and temporarily rebranded it as the Scarlet Huntington.

The 12-story, 135-room Huntington Hotel dates to 1924, according to the countys assessor’s office. It was named after Collis P. Huntington, one of the Big Four industrial magnates of the era who also included Leland Stanford, Mark Hopkins and Charles Crocker.

The Big 4 restaurant at the Huntington is a nod to those Central Pacific Railroad tycoons, who all built mansions on gilded Nob Hill — where Hopkins also had a hotel named after him.

Woodridge Capital also previously purchased the nearby Fairmont, Mark Hopkins and Stanford Court hotels, and later sold the Fairmont and Mark Hopkins.

San Francisco tourism has only recently begun bouncing back after the COVID-19 pandemic wreaked havoc on the city’s biggest industry. It was unclear Sunday what role that might have played in the Huntington’s struggles, including whether it had ever resumed normal operations during the pandemic. Representatives of Woodridge Capital did not immediately respond to requests for comment and additional information.

Kellie Hwang is a San Francisco Chronicle staff writer. Email: [email protected] Twitter: @KellieHwang

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