JMA Ventures Acquires The Hampton Inn & Suites In Truckee For $22.5M | 11951 California Highway 267 - The Hampton Inn & Suites | Mike Huth, Jordan Angel, Ethan Habecker | Hotel | Loan

Summary

Loan

CALIFORNIA

Hotel

The Hampton Inn & Suites in Truckee, California, has secured a $22.5 million acquisition loan arranged by JLL Capital Markets on behalf of borrower JMA Ventures, LLC. The loan was provided by MetLife Investment Management. The hotel property, located on 11951 California Highway 267, features 109 guestrooms and offers convenient access to major transportation routes and popular tourist attractions. It boasts amenities such as an outdoor pool, fitness center, and meeting space.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $22,500,000
Address: 11951 California Highway 267, Truckee, California
Market: Truckee
Keys: 109

The acquisition loan was arranged by JLL Capital Markets, with Ethan Habecker, Jordan Angel, and Mike Huth representing JLL. The lender, MetLife Investment Management, was represented by Mike Pace, Mike Coen, and Dan McKenzie. Todd Chapman, representing JMA Ventures, LLC, acted as the landlord. The Hampton Inn & Suites is strategically located in the High Sierras mountain town, offering a desirable destination for tourists visiting the area.

Players

All
4

Agents
3
Agencies
1

Mike Huth

Executive Vice President

$104M Sold

Details

Deal Summary

FINANCED

IMAGE: Ethan Habecker, Todd Chapman, Dan McKenzie, Jordan Angel, Mike Coen, Mike Huth & Mike Pace DATE: 12/01/2023 ADDRESS: 11951 California Highway 267 - The Hampton Inn & Suites MARKET: Truckee ASSET TYPE: Hotel ~ KEYS: 109 LENDER: MetLife Investment Management - Mike Pace, Mike Coen & Dan McKenzie LANDLORD: JMA Ventures, LLC - Todd Chapman BROKERS: Ethan Habecker (@Ethan_Habecker), Jordan Angel & Mike Huth - JLL (@JLL) LOAN AMOUNT: $22,500,000 LOAN TYPE: Acquisition NOTE: JLL Capital Markets has arranged a $22.5 million acquisition loan for The Hampton Inn & Suites in Truckee, California, on behalf of borrower JMA Ventures, LLC, from lender MetLife Investment Management. The property, strategically located in the High Sierras mountain town, features 109 guestrooms, an outdoor pool, fitness center, and meeting space, offering convenient access to major transportation routes and popular tourist attractions.

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Address11951 California Highway 267 - The Hampton Inn & Suites

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