JLL Hotel Financing Team Secures $145.5MM in Debt for a Full Recapitalization

•            23- Property Extended Stay Portfolio primarily located in the Southeastern United States

•            Strong positioning within lodging markets that demonstrate solid growth characteristics

•            Competitive all-in interest rate in the mid 4’s

·               67.5% LTV; 12% DY on T12 NOI, interest-only for the full term

•            JLL facilitated an execution that surpassed the client’s expectations

Contact me for more details about this financing and others our team has recently arranged!