Walker & Dunlop Arranges $86 Million Refinance Loan For Caesars Republic Scottsdale Hotel

The transaction involves the refinancing of Caesars Republic Scottsdale, a Hilton-branded luxury hotel located at 4747 North Goldwater Boulevard in Scottsdale, AZ. The asset, a newly built hotel, is part of the expanding hospitality sector in the area and is significant in size with a loan amount of $86,000,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $86,000,000
• Loan Type: Refinance
• Market: Scottsdale, AZ
• Brokers: Aaron Appel, Adam Schwartz, Ari Hirt, Christopher de Raet, Dustin Stolly, Jim Pierson, Jonathan Schwartz, Keaton Merrell & Keith Kurland - Walker & Dunlop

Walker & Dunlop facilitated the refinancing by arranging the $86 million loan through a regional bank for HCW, the developer of the hotel. The involvement of multiple brokers from Walker & Dunlop highlights the collaborative nature of the transaction, reflecting the expertise of these professionals in closing significant deals in the hospitality real estate market.