BOSTON, MA – JLL Capital Markets has arranged $7.59 million in financing for the121-room Sandbar Hotel, Trademark Collection by Wyndham in Myrtle Beach, SC.
JLL worked on behalf of the borrower,
Linchris Hotel Corporation, to secure the first mortgage refinancing through
HarborOne Bank.
The Sandbar Hotel, Trademark Collection by
Wyndham is a beachfront hotel comprised of four separate buildings.
The main building and the adjacent “south building”
contain 88 total guest rooms, the oceanfront building consists of 27 guest
rooms, and there are two, three-bedroom cottages located one street behind the
main building.
Henry Schaffer |
Located along the beach at 1804 South
Ocean Blvd., the hotel is well-positioned to attract the diverse customer base
of Myrtle Beach’s 20 million annual visitors.
The hotel is located in close proximity to the Myrtle
Beach International Airport and many popular tourist attractions including
beaches, restaurants and several world-class golf courses.
Further, the
hotel boasts top-tier amenities that include a heated indoor pool and hot tub,
an outdoor pool with a lazy river and hot tub, a 24-hour business center, a
24-hour fitness center, a breakfast area and direct beach access.
Sandbar Hotel, Trademark Collection by Wyndham Myrtle Beach, SC |
The
JLL Capital Markets team was led by Senior Directors Amy Lousararian and
Henry Schaffer.
JLL Capital Markets is a full-service global provider of
capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global investor
knowledge delivers the best-in-class solutions for clients — whether investment
sales and advisory, debt advisory, equity advisory or a recapitalization. The
firm has more than 3,000 Capital Markets specialists worldwide with offices in
nearly 50 countries.
For more news, videos and research
resources, please visit JLL’s newsroom.
CONTACT:
Alli Semans,
Public Relations, Associate
Phone: +1
330 329 6750
Email: Alli.Semans@jll.com
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