JLL secures $14 million refinancing for Home2 Suites by Hilton Temecula in Southern California's wine country

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.

Tim Wright

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.

 

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.

 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.”

 

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