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Jones Lang LaSalle Arranges $430 Million Refinancing for Hotel in Austin
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Jones Lang LaSalle Arranges $430 Million Refinancing for Hotel in Austin
Jul 8, 2024 2:04 PM

04:41 PM EDT, 07/08/2024 (MT Newswires) -- Jones Lang LaSalle's ( JLL ) Capital Markets group said Monday it arranged a $430 million refinancing for the 37-story luxury hotel Fairmont Austin in Texas.

JLL Capital Markets said it represented the Manchester Financial in securing the all-mortgage financing package, which replaces a $300 million senior loan and $125 million of mezzanine debt.

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