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12/03/25
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S3 Hotel Group has obtained $38.6 mil in refinancing for its dual-branded, 208-key Homewood Suites by Hilton and Hampton Inn Irvine Spectrum Lake Forest property. Olga Walsh with JLL Capital Markets arranged the 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 2k sf of meeting space, a 24-hour fitness center, outdoor pool with barbecue facilities, guest laundry, complimentary hot breakfast buffet, evening bar service and a 24-hour convenience shop. The Homewood Suites section features additional amenities including complimentary evening social events Monday through Thursday.
The hotel occupies a strategic location in Orange County at the confluence of Lake Forest and Irvine, providing access to major demand generators throughout Southern California. The property sits within driving distance of Disneyland, Angel Stadium, the Honda Center, Knott's Berry Farm and premier shopping destinations including the Irvine Spectrum Center, South Coast Plaza and Fashion Island. Additionally, the surrounding area encompasses more than 47 million square feet of office space within highly concentrated clusters in Lake Forest, Irvine Spectrum, Irvine, Aliso Viejo, Mission Viejo and Laguna Niguel.
“This dual-branded hotel embodies the kind of top-tier, newly delivered product that’s drawing lender attention in today’s market,” said Walsh. JLL was able to secure pricing 125 – 150 basis points inside what’s typically available through standard non-recourse channels, noted Walsh.
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