|
12/05/19
|
Orange County-based S3 Hotel Group has secured a $33.25 mil refi loan on its Hampton Inn & Suites Irvine-Orange County Airport, a 164-room, limited-service hotel in Irvine. The property is located at 2192 Dupont Dr, less than a mile from the John Wayne Airport.
Hampton Inn & Suites Irvine-Orange County Airport is proximate to several area demand drivers and popular entertainment venues, including Disneyland; University of California, Irvine; the Honda Center, home to the Anaheim Ducks NHL team; Angel Stadium of Anaheim, home of the Los Angeles Angels MLB team; and 23.7 msf of office space in the Airport Area Office market. Completed in March of 2018, Hampton Inn & Suites Irvine-Orange County Airport features a fitness room, pool, business center, meeting space, complimentary breakfast, lounge and snack shop.
Scott Hall and Olga Walsh with JLL Capital Markets team placed the 10-year, fixed-rate loan with a CMBS lender. According to Walsh, they received 10 competitive loan quotes from top-tier CMBS lenders and specialty balance sheet lenders, validating the abundance of liquidity in the debt capital markets.
|
|
Return to the Archive page
|
|
|
|
|