Wednesday, March 20, 2013

HFF arranges $250 million financing for three-property Omni Hotel portfolio



Omni Fort Worth, Fort Worth, TX
 DALLAS, TX – HFF announced today that it has arranged $250 million in financing for three Omni Hotels totaling 1,339 guest rooms located in Texas and Illinois.

HFF worked on behalf of the borrower, Omni Hotels Corporation, to secure the 15-year, fixed-rate loan through Prudential Mortgage Capital Company.

Individual property details are listed below:

Omni Fort Worth, 1300 Houston Street, Fort Worth, TX, 614 Rooms
Omni Houston, 4 Riverway, Houston, TX, 378 Rooms
Omni Chicago. 676 North Michigan Avenue, Chicago, IL,347 Rooms

Whitaker Johnson
The HFF team representing the borrower was led by senior managing director Whitaker Johnson, managing director John Bourret and associate director Jim Curtin.

                Omni Hotels Corporation is a subsidiary of TRT Holdings, a privately-owned, diversified holding company located in Irving, Texas.  Assets include Omni Hotels & Resorts, Gold's Gym International, Tana Exploration and numerous investments in public companies and various real estate ventures.  

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 | www.hfflp.com

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