$430M in refinancing arranged for the luxury hotel, Fairmont Austin
Jones Lang LaSalle(JLL) Prnewswire·2024-07-09 04:18
JLL Capital Markets represented the borrower in refinancing of the one-of-a-kind landmark hotel asset in Austin, TexasSAN DIEGO, July 8, 2024 /PRNewswire/ -- JLL's Capital Markets group announced today that it arranged a $430 million refinancing for Fairmont Austin, a 37-story luxury hotel in downtown Austin.JLL Capital Markets represented Manchester Financial Group in securing the five-year, interest only fixed-rate SASB CMBS loan, with Goldman Sachs acting as a lead manager and sole bookrunner. The all-mo ...