$38.6 million refinancing secured for S3 Hotel Group's Orange County hotels
United States, Dec. 2 -- JLL Capital Markets announced it has arranged a $38.6 million refinancing for S3 Hotel Group's dual-branded, 208-key Homewood Suites by Hilton and Hampton Inn Irvine Spectrum Lake Forest.JLL worked on behalf of the borrower, S3 Hotel Group, to secure a five-year, fixed-rate loan through a private wealth management division of a global financial services firm.Located at 23021 Lake Center Dr. in Lake Forest, California, the hotel features 116 Homewood Suites rooms and 92 Hampton Inn rooms. The Homewood Suites offers extended-stay accommodations with full kitchens, dishwashers and cooking utensils, while Hampton Inn rooms provide traditional hotel amenities with modern furnishings.Property amenities include 2,000 squar...
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