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| SpringHill Suites by Marriott San Diego Oceanside/Downtown, a 149-room, all-suite, LEED-certified Silver, select-service hotel located at 110 N. Myers Street in downtown Oceanside, CA |
SAN DIEGO, CA – JLL announces it has arranged a $20.7 million refinancing for SpringHill Suites by Marriott San Diego Oceanside/Downtown, a 149-room, all-suite, LEED-certified Silver, select-service hotel located in downtown Oceanside, California.
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| Olga Walsh |
JLL worked on behalf of the borrower to arrange the five-year, fixed-rate loan with Umpqua Bank. Loan proceeds will be used to retire existing loan, cover transaction costs and return portion of borrower equity.
SpringHill Suites by Marriott San Diego Oceanside/Downtown was developed in 2014 and features a rooftop lounge along with a pool and spa.
Additionally, the six-story hotel houses the Hello Betty Fish House, 2,235 square feet of meeting space, a 24-hour fitness center, business center, game room, complimentary breakfast buffet and two levels of subterranean parking.
Situated on 1.03 acres at 110 N. Myers Street, SpringHill Suites by Marriott San Diego Oceanside/Downtown in the center of Oceanside’s ongoing renaissance.
The JLL Capital Markets team representing the borrower was led by senior managing director Aldon Cole, director Olga Walsh and associate Aaron Lapping.
Jones Lang LaSalle Americas is a licensed real estate broker with the California Department of Real Estate license #01223413.
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| Aldon Cole |
Additionally, the six-story hotel houses the Hello Betty Fish House, 2,235 square feet of meeting space, a 24-hour fitness center, business center, game room, complimentary breakfast buffet and two levels of subterranean parking.
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| Aaron Lapping |
Situated on 1.03 acres at 110 N. Myers Street, SpringHill Suites by Marriott San Diego Oceanside/Downtown in the center of Oceanside’s ongoing renaissance.
The JLL Capital Markets team representing the borrower was led by senior managing director Aldon Cole, director Olga Walsh and associate Aaron Lapping.
Jones Lang LaSalle Americas is a licensed real estate broker with the California Department of Real Estate license #01223413.
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| Hello Betty Fish House, San Diego, CA |
Contacts:
Aldon Cole, JLL Senior Managing Director
Aldon Cole, JLL Senior Managing Director
California License No: 01457351
Phone: +1 858 812 2344
Email: aldon.cole@am.jll.com
Olga Walsh, JLL Director
California License No: 2052171
Phone: +1 858 812 2371
Email: olga.walsh@am.jll.com
Kimberly Steele, JLL Digital Content/PR Specialist
Phone: +1 713 852 3420
Email: kimberly.steele@am.jll.comjll.com.
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