Category Archives: financing

Sonnenblick-Eichner Co. Arranges Loan to Refinance Hotel

LODGING Staff

Photo Credit: Hotel Valencia Santana Row LOS ANGELES, California—Sonnenblick-Eichner Company announced that it arranged $50 million of first mortgage leasehold financing for Valencia Hotel Collection to refinance its Hotel Valencia Santana Row in San Jose, California. The non-recourse, fixed-rate, five-year loan is interest-only for the term and priced at less than 7 percent. The loan […]

JLL Secures Financing for Five Full-Service Hotels — LODGING

JLL Secures Financing for Five Full-Service Hotels — LODGING

LOS ANGELES, California—JLL’s Hotels & Hospitality Group announced that it secured $153 million in senior financing for five full-service hotel properties, consisting of 1,140 keys located in California, Arizona, Colorado, and Georgia. JLL worked on behalf of the borrower, to secure the three-year, floating-rate loan through a debt fund. The portfolio consists of the Embassy […]

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