|
|
2/27/18
|
Huntington Hotel Group has obtained $35 mil in construction financing for the development of a dual-branded hotel comprising a 129-room Courtyard Marriott and a 96-room TownePlace Suites in the western Los Angeles-area community of Agoura Hills
The dual-branded hotel will be developed on a vacant 5.5-acre site located at 29505 and 29515 Agoura Rd in Agoura Hills, a Los Angeles County community approximately 30 miles northwest of downtown Los Angeles in the eastern Conejo Valley between the Simi Hills and the Santa Monica Mountains. The Courtyard Marriott and TownePlace Suites will be near numerous leisure and corporate demand generators, including IBM; TouchCommerce; Zebra Technologies Corporation; Pepperdine University and Santa Monica Mountains National Recreation Area.
Once constructed, all 225 rooms will reside in one three-story, wood-framed building that will feature three separate lounge areas; a business library; fitness room; large patio with outdoor pool, barbeque area and fire pit; Courtyard lobby Bistro, which will be available to all guests and serve breakfast and dinner; complimentary breakfast area; and four meeting rooms.
Timothy Wright and Aaron Lapping with HFF arranged the 60-month loan, which was funded by Umpqua Bank.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
