JLL Capital Markets represented Transwestern Hospitality Group in the $31 million financing for the 122-key Hotel Granduca in Houston, TX

  

Jillian Mariutti 

NEW YORK, NY, Feb. 16, 2024 –  JLL Capital Markets has arranged $30.6 million in financing for the 122-key Hotel Granduca in Houston, Texas.

 

JLL represented the borrower, Transwestern Hospitality Group, and secured the five-year, floating-rate loan from Prime Finance.

 

The hotel boasts several amenities, including two dining options (Alba restaurant and Il Giardino), a spacious bar and seating area, meeting rooms totaling 2,860 square feet and event space spanning 2,050 square feet, which opens to the courtyard.

FINANCED: 122-key Hotel Granduca in Houston, TX.

 

Additionally, there is a large gym available for guests. The hotel also provides ample surface parking and of outdoor space.

 

Built in 2006, the six-story hotel sits on 3.57 acres of land and features a beautiful Italian-inspired design. Its centerpiece is a landscaped interior courtyard with a pool, garden, and seating area.

 Mark Fisher

The ground floor of the building will undergo renovations in the second half of 2024.

 

The JLL Capital Markets team was led by Senior Director Jillian Mariutti and Managing Director Mark Fisher.

 

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CONTACT:

 

Alli Stent

JLL PR, Hotels & Hospitality

 Capital Markets

Chicago,IL  

M +1 330 329 6750