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2/16/16
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Holliday Fenoglio Fowler L.P. has arranged $33 mil in refi money for Hampton Inn San Diego/Mission Valley, a 184-room, LEED-certified, select-service hotel in San Diego’s Mission Valley West neighborhood. The hotel is located at 2151 Hotel Circle South in Mission Valley, a shopping and entertainment center in northern San Diego.
The newly-renovated Hampton Inn San Diego/Mission Valley is situated near many of San Diego’s popular attractions and destinations, including SeaWorld San Diego, Belmont Amusement Park, Mission Beach, Historic Old Town and the San Diego Zoo. Additionally, the hotel is approximately five miles from downtown San Diego and the San Diego International Airport. Renovated in 2014, Hampton Inn San Diego/Mission Valley features electric vehicle charging stations, complimentary breakfast, multilingual staff, fitness room, pool, business center and a boardroom that seats up to 10 people.
HFF”s James Fowler arranged the 10-year, fixed-rate loan, which was funded through Goldman Sachs Mortgage Company. Loan proceeds were used to refinance existing debt held by the borrower, T2 Hospitality.
“T2 Hospitality has created a high-quality offering that features a variety of modern amenities and contemporary-style design for maximum comfort, relaxation and productivity,” Fowler said. “The rooms are spacious and offer the most up-to-date technology, with free Wi-Fi and an ergonomic desk along with a 40-inch HDTV with more than 100 channels.”
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