 |
| Olga Walsh |
SAN DIEGO, CA – JLL Capital Markets has secured the $14 million refinancing for Home2Suites by Hilton Temecula, a 120-room extended-stay hotel in the heart of Southern California's wine country.
JLL worked on behalf of the borrower, an affiliate of
Huntington Hotel Group, to secure the floating-rate, three-year loan through
MetLife Investment Management.
Built by the borrower in 2019, the four-story Home2
Suites by Hilton Temecula caters to both leisure and business travelers with
its blend of comfort and convenience.
Guests can enjoy a 24-hour fitness center, an outdoor
pool area complete with BBQ facilities, a business center, complimentary daily
breakfast, free on-site parking and the convenience of a grab-and-go market in
the lobby.
Tim Wright
With San Diego, Orange and Los Angeles counties, all
within an hour's drive, the property is well situated to capture day and
weekend travel throughout the region.
The JLL Debt Advisory team was led by Senior Managing
Director Tim Wright, Director Olga Walsh and Analyst Jack Wood.
“Temecula has emerged as a booming Southern California
drive-to destination,” said Walsh. “Its combination of an affluent local
community and a thriving tourist industry, driven by favorable income levels
and diverse attractions, has solidified Temecula's status as a premier
destination in the region.”
Jack Wood
Jones Lang LaSalle Americas, Inc. ("JLL") is a
real estate broker licensed with the California Department of Real Estate,
license #01223413.
For more news, videos and research resources, please
visit JLL’s newsroom.
CONTACT:
Grace Lewis
PR, Capital Markets
2401 Cedar Springs Rd.
Dallas, Texas 75201
M +1 903 520 3478
JLL.com
No comments:
Post a Comment